If Haversham Technologies purchases $$353,000$ of new equipment, they can lower annual operating costs by $$107,300.$ The

equipment will be depreciated straight$-$line to a zero book value over its $7-$year life. Ignore bonus depreciation. At the end of the

project, the equipment will be sold for $$54,000.$ The company must invest $$34,400$ in Net Working Capital during the project.

What is the NPV if the discount rate is $11$ percent and the tax rate is $21$ percent?

OCF$=$$

CFO$=$$

CFFinal $=$$

$NPV=$$