Consider the Obsidian Project, which requires an investment of $449,683 initially, with subsequent cash flows of $50,720, $78,179 and $92,245. We can characterize the project with the following end-of-year cash flows:

Period	Cash Flow
0	(449,683)
1	50,720
2	78,179
3	92,245

What is the net present value (NPV) of the Obsidian Project if the required rate of return for the project is 7%?

Round your answer to 2 decimal places