Dog Up$!$ Franks is looking at a new sausage system with an installed cost of $$715,000.$

This cost will be depreciated straight$-$line to zero over the project's $6-$year life, at the end

of which the sausage system can be scrapped for $$97,000.$ The sausage system will save

the firm $$207,000$ per year in pretax operating costs, and the system requires an initial

investment in net working capital of $$59,000.$ If the tax rate is $22$ 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