CSM $186,000 in annual pretax cost savings. Shop is ring a four-year project to improve its production Buying a new machine press for $487,000 is estimated to result in s. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project in the of $56.000. The press also requires an initial investment in spare parts inventory of $21,200, along with an additional $3,200 in inventory for each succeeding Calculate the NPV. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net present value $