Dog Up$!$ Franks is looking at a new sausage system with an installed cost of

$$685,000.$ 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

$$91,000.$ The sausage system will save the firm $$195,000$ per year in pretax

operating costs, and the system requires an initial investment in net working

capital of $$47,000.$ If the tax rate is $21$ percent and the discount rate is $10$

percent, what is the NPV of this project?

Note: Do not round intermediate calculations and round your answer to $2$

decimal places, e$.$g$.,32\mathrm{.}16.$