Babirusa Company is considering the following investment:

Initial capital investment	$200,000
Estimated useful life	3 years
Estimated disposal value in 3 years	$20,000
Estimated annual savings in cash operating costs (end of year)	$75,000
Minimum desired rate of return	10%
Present value of $1, period 1 at 10%	0.909
Present value of $1, period 2 at 10%	0.826
Present value of $1, period 3 at 10%	0.751

Assume straight-line depreciation is used. Ignore income taxes. The net present value of the investment is __________.