Disraeli Gears Inc. manufactures latke-shaped gears. The company is considering the purchase of a new machine press for $988,800. The press has a four-your life and is estimated to result in $329,600 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project of $144,200. The press also requires an initial investment of $41,200 in spare parts for inventory. "An additional $6,180 in inventory will be required for each succeeding year of the project. All investments in inventory will be recovered at the end of the project. If the shop's tax rate is 33 percent and its discount rate is 17 percent, what is the NPV for this project? (Do not round your intermediate calculations.) -IINT: Calculate the depreciation for each year and use it to get the after tax-salvage ralue. Next, calculate OCF using the annual depreciation and then construct CFFA for ach year. Now discount all cash flows to get the NPV