Isabel is the financial advisor for her company and is considering the purchase of excavation equipment which will cost $$97,000.$

The purchase of this equipment is expected to save her company $$8,420$ at the end of every year for $15$ years.

At the end of the $15$ years, she expects the excavation equipment to have a residual $($inflow$)$ value of $$15,000.$ The company requires a $4\mathrm{.}7\%$ rate of return.

Round $PV$ to the nearest cent. Round NPV to the nearest whole number.

What is the Net Present Value $($NPV$)$ of this equipment investment?