CrochetCo is considering an investment in a project which would require an initial outlay of $340367 and produce expected cash flows in years 1 through 6 of $88122 per year. You have determined that the current after-tax cost of the firm's capital (required rate of return) for each source of financing is as follows:

Source of Capital- Cost Weight

Long-Term Debt. 3% 54%

Preferred Stock 9% 13%

Common Stock 13% 33%

What is the net present value of this project?