DF Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $660,564 will save DF $210,000 in annual pretax costs. The press belongs to a fiscal depreciation schedule (aka MACRS) with rates of 20%, 32%, 19.2%, 11.52%, 11.52%, and 5.76% in years 1 through 6. DF expects it can dispose of the press for $115,425 at the end of the project. The press also requires an initial investment in spare parts inventory of $31,626, along with an additional $2,900 in inventory for each succeeding year of the project. DFs tax rate is 22 percent. What is the tax basis of the press at the end of the project? Report your answer with 2-digit precision (ex. 12.34).