Fox Hollow Franks is looking at a new system with an installed cost of $$540,000.$ This equipment is depreciated at a rate of $20\%$ per year $($Class $8)$ over the project$$s five$-$year life, at the end of which the sausage system can be sold for $$80,000.$ The sausage system will save the firm $$170,000$ per year in pre$-$tax operating costs, and the system requires an initial investment in net working capital of $$29,000.$ If the tax rate is $34\%$ and the discount rate is $10\%,$ what is the NPV of this project? $($Do not round your intermediate calculations. Round the final answer to $2$ decimal places. Omit $ sign in your response.$)$

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