If Haversham Technologies purchases $359,600 of new equipment, they can lower annual operating costs by $110,600. The equipment will be depreciated straight-line to a zero book value over its 6-year life. Ignore bonus depreciation. At the end of the project, the equipment will be sold for $32,000. The company must invest $43,200 in Net Working Capital during the project. What is the NPV if the discount rate is 14 percent and the tax rate is 21 percent?

OCF = $

CF0 = $

CFFinal = $

NPV = $