Instructions Question1 1 pts Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $533362 is estimated to result in some amount of annual pretax cost savings. The press will have an aftertax salvage value at the end of the project of $85754. The OCFs of the project during the 4 years are $175948. $195683, $171329 and $169667, respectively. The press also requires an initial investment in spare parts inventor)hpf $28807, along with an additional $4312 in inventory for each succeeding year of the project. The shop's discount rate is 10 percent. What is the NPV for this project? (Round your final answer to the nearest dollar amount. Omit the "$ sign and commas in your response. For example, $123.456.78 should be entered as 123457.)