Dog Up$!$ Franks is looking at a new sausage system with an installed cost of $$530,000.$

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 $$80,000.$ The sausage system will

save the firm $$210,000$ per year in pretax operating costs, and the system requires an

initial investment in net working capital of $$39,000.$ If the tax rate is $35$ percent and the

discount rate is $9$ percent, what is the NPV of this project? $($Do not round intermediate

calculations and round your final answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

NPV