Hawkins Poultry Farms is considering the purchase of feeding equipment that costs $$139,000$ and will produce annual cash flows of approximately $$36,000$ for five years. The equipment is expected to be sold at the end of five years for $$40,000.$

What is the net present value of the proposed investment? Hawkins requires a $15$ percent return on all capital investments using the present value tables in Exhibits $26-3$ and $26-4.($Round your $"$PV factors" to $3$ decimal ploces.$)$