If Haversham Technologies purchases $357,800 of new equipment, they can lower annual operating costs by $109,700. The equipment will be depreciated straight-line to a zero book value over its 3-year life. Ignore bonus depreciation. At the end of the project, the equipment will be sold for $38,000. The company must invest $40,800 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?