Bears, Inc. is considering an investment in testing equipment to improve the quality control of its products. The new equipment will cost \\( \\$ 832,000 \\), with an estimated useful life of four years and no salvage value. Management has set a minimum return of \\( 15 \\% \\) for similar investment opportunities. The new equipment is expected to generate \\( \\$ 365,900 \\) in after-tax operating expense savings for the four-year project, but will require a working capital commitment of \\( \\$ 40,000 \\) for the first three years of the investment. What is the equipment's expected net present value? \\( \\$ 172,645 \\) \\( \\$ 198,938 \\) \\( \\$ 185,525 \\) \\( \\$ 238,965 \\)