Golden opportunities, a non-for-profit community association, is considering the proposed acquisition of a new training and education software. The price of the software system is $500,000, and it has a life expectancy of 3 years. The system will be sold at the end of the lifespan, with a salvage value 0f $150,000. While this new system will have no impact on the number of training session or reimbursement, it is however expected to save the association $5,000 per year in operating costs. On average, the instructors train 20 people per day for 200 days per year. Training material cost approximately $10 per session. Grant funding provides reimbursement of $75 for each training session. Year one expense include instructor labor ($75,000), building operating (rent and utilities of $40,000 and $20,000 respectively), and overhead of $5,000. Cost increase 5% annually. Revenues increase by 7% annually. The cost of capital is 10%. Calculate the net cash flow and the NPV.