CrochetCo is considering an investment in a project which would require an initial outlay of $314250 and produce expected cash flows in years 1 through 5 of $87384 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	6%	57%
Preferred Stock	8%	12%
Common Stock	13%	31%

What is the net present value of this project?