Dog Up$!$ Franks is looking at a new sausage system with an installed cost of $$520,000.$ This cost will be depreciated straight$-$line to

zero over the project's five$-$year life, at the end of which the sausage system can be scrapped for $$78,000.$ The sausage system will

save the firm $$200,000$ per year in pretax operating costs and the system requires an initial investment in net working capital of

$$37,000.$ 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$.,32\mathrm{.}16.$

NPV