Fitness Time is considering opening a new location. Below is a summary of the project's

expected cash flows:

Year $0$: $-457,000$

Year $1$: $25,000$

Year $2$: $79,000$

Year $3$: $105,000$

Year $4$: $156,000$

Fitness Time's WACC is $9\mathrm{.}08\%.$ What is the NPV of this project?