Kappa Holdings is looking at a new system with an installed cost of $$705,000.$ This cost will be depreciated straight$-$line to zero over the project's $6-$year life, at the end of which the system can be salvaged for $$95,000.$ The system will save the firm $$203,000$ per year in pretax operating costs, and the system requires an initial investment in net working capital of $$55,000,$ which will be returned at the end of the project.

If the tax rate is $25$ percent and the discount rate is $10$ percent, what is the NPV of this project? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$