JavaCity is considering new brewing equipment. The amount of initial investment will be $$450$ today and the equipment is expected to last for $5$ years with no salvage value. The depreciable base is the entire amount of investment, and straight line depreciation will be used. Project inflows are expected to be $$520$ per year and project outflows are expected to be $$320$ per year, both starting in one year and continuing at the end of each year over the project life. JavaCity pays tax at the rate of $30\%.$ What is the net present value of the project if the required rate of return is $8\%.$

Project NPV $

Place your answer in dollars and cents. Work your analysis using at least $4$ decimal places of accuracy.

Notes on formatting: Do NOT include a dollar sign or a comma in your NPV$.$ For example, an answer of one hundred twenty dollars and fifteen cents would be placed as $120\mathrm{.}15.$ If applicable, indicate negative amounts with a minus sign in front of the number.