CSM Machine Shop is considering a four-year project to Improve its production efficiency. Buying a new machine press for $409,000 is estimated to result in $151,000 in annual pretax cost savings. The press is eligible for 100 percent bonus depreciation and It will have a salvage value at the end of the project of $52,000. The press also requires an Initial Investment in spare parts Inventory of $15,700, along with an additional $2.700 in Inventory for each succeeding year of the project. The shop's tax rate is 22 percent and its discount rate is 9 percent. Calculate the project's NPV. (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV LEFT