Dog Up$!$ Franks is looking at a new sausage system with an installed cost of $$780,000.$ This cost will be depreciated straight$-$line to zero over the project's $9-$year life, at the end of which the sausage system can be scrapped for $$120,000.$ The sausage system will save the firm $$240,000$ per year in pretax operating costs, and the system requires an initial investment in net working capital of $$56,000.$

If the tax rate is $22$ percent and the discount rate is $15$ percent, what is the NPV of this project? $$200,281\mathrm{.}59$

$$204,218\mathrm{.}71$

$$230,825\mathrm{.}67$

$$190,744\mathrm{.}37$

$$164,137\mathrm{.}40$