A project will produce operating cash flows of $42,827 a year for four years. During the project's life, inventory will be lowered by $33,503, and accounts receivable will increase by $17,180. Accounts payable will decrease by $10,589. The project requires the purchase of equipment at an initial cost of $136,218. 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 $27,656 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 11%?

Round your response to the dollar, and input without the $ sign.