Dog Up! Franks is looking at a new sausage system with an installed cost of $480,000. The sausage system is classified as seven-year equipment under MACRS. At the end of the five-year project, the sausage system can be scrapped for $70,000. The sausage system will save the firm $160,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $29,000. If the tax rate is 34 percent and the discount rate is 10 percent, what is the NPV of this project? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))