Dog Up$!$ Franks is looking at a new sausage system with an installed cost of $$695,000.$ This cost will be depreciated straight$-$line to zero over the project$$s $5-$year life, at the end of which the sausage system can be scrapped for $$93,000.$ The sausage system will save the firm $$199,000$ per year in pretax operating costs, and the system requires an initial investment in net working capital of $$51,000.$ If the tax rate is $23$ percent and the discount rate is $8$ percent, what is the NPV of this project?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$