A project will produce operating cash flows of $39,591 a year for four years. During the project's life, inventory will be lowered by $38,358, and accounts receivable will increase by $12,145. Accounts payable will decrease by $11,162. The project requires the purchase of equipment at an initial cost of $131,143. The equipment will be depreciated straight-line to a zero book value over the project's life. The equipment will be salvaged at the end of the project, creating a $21,094 after-tax cash flow. At the end of the project, net working capital will return to its normal level. What is the net present value of this project given a required return of 14%?