he Ayayai Company is planning to purchase $450,000 of equipment with an estimated 7-year life and no estimated salvage value. The company has projected the following annual cash flows for the investment:

Year		Projected Cash Flows
1			$200,000
2			130,000
3			100,000
4			50,000
5			60,000
6			40,000
7			40,000
Total			$620,000

Click here to view the factor table. Calculate the net present value of the proposed equipment purchase. Ayayai uses a 6% discount rate. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, e.g. 58,971.)

Net present value

$enter the net present value in dollars rounded to 0 decimal places