Eggz, Incorporated, is considering the purchase of new equipment that will allow the company to collect loose hen feathers for sale.

The equipment will cost $$490,000$ and will be eligible for $100$ percent bonus depreciation. The equipment can be sold for $$84,000$ at

the end of the project in $5$ years. Sales would be $$327,000$ per year, with annual fixed costs of $$60,000$ and variable costs equal to $35$

percent of sales. The project would require an investment of $$51,000$ in NWC that would be returned at the end of the project. The tax

rate is $23$ percent and the required return is $8$ percent. Calculate 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