Frank 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% and the discount rate is 10%, what is the NPV of this project