Coasty Inc. is considering automating some parts of the existing assembly line. The purchase and installation of the required equipment cost 400,000. The cost will be appreciated straight-line to zero over the project's five-year life, at the end of which the automating system can be scrapped for 50,000. The automation will save the firm 130,000 per year in pre-tax operating costs, and it requires an initial investment in net working capital of 40,000. If the tax rate is 40 percent and the discount rate is 10 percent. What is the NPV of this project? Conclude