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Kolby's Korndogs is looking at a new sausage system with an installed cost of $ 8 0 1 , 0 0 0 . This cost

Kolby's Korndogs is looking at a new sausage system with an installed cost of $801,000. This cost will be depreciated straight-line to zero over the project's six-year life, at the end of which the sausage system can be scrapped for $112,000. The sausage system will save the firm $200,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $58,000.
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If the tax rate is 35 percent and the discount rate is 7 percent, what is the NRV of this project? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g.,32.16).)
NPV
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