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Hats & Brooms Unlimited is considering a new project. It would require $286 as initial investment. In the next 4 years it would generate profits

Hats & Brooms Unlimited is considering a new project. It would require $286 as initial investment. In the next 4 years it would generate profits in the following amounts: $75 in year 1, $113 in year 2, $65 in year 3, and $140 in year 4. The annual return that is required for projects of this kind is 8.1 percent. Calculate the project's net present value. (Do NOT use "$" in your answer. Round your answer to TWO decimal places, for example, 1,000.23)

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