Happy Jacks Hot Dogs is looking at a new sausage system with an installed cost of $655 000. This cost will be depreciated straight-line to zero over the projects five-year life, at the end of which the sausage system can be scrapped for $85 000. The sausage system will save the firm $183 000 per year in pre-tax operating costs, and the system requires an initial investment in net working capital of $35 000. If the tax rate is 30% and the discount rate is 8%, what is the NPV of this project?