Joanette, Incorporated, is considering the purchase of a machine that would cost $670,000 and would last for 10 years, at the end of which, the machine would have a salvage value of $57,000. The machine would reduce labor and other costs by $117,000 per year. Additional working capital of $3,000 would be needed immediately, all of which would be recovered at the end of 10 years. The company requires a minimum pretax return of 13% on all investment projects. {Ignore income taxes.) Click here to view Exhibit 148-1 and Exhibit i4B-2, to determine the appropriate discount factoris) using the tables provided. Required: Determine the net present value of the project. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to the nearest whole dollar amount.) :I