Kolbys Korndogs is looking at a new sausage system with an installed cost of $700,000. The asset qualifies for 100 percent bonus depreciation and can be scrapped for $94,000 at the end of the projects 5-year life. The sausage system will save the firm $201,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $53,000. If the tax rate is 24 percent and the discount rate is 9 percent, what is the NPV of this project?