Kolbys Korndogs is looking at a new sausage system with an installed cost of $705,000. The asset qualifies for 100 percent bonus depreciation and can be scrapped for $95,000 at the end of the projects 5-year life. The sausage 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. 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., 32.16.)

NPV= ?

What are the steps to solve this on a BA II Plus?