Lakeside Winery is considering expanding its winemaking operations. The expansion will require new equipment costing $$708,000$ that would be depreciated on a straight$-$line basis to a zero balance over the four$-$year life of the project. The equipment can be sold for $$220,000$ after the four years. The project requires $$46,000$ initially for net working capital, all of which will be recouped at the end of the project. The projected operating cash flow is $$211,500$ a year. What is the net present value of this project if the relevant discount rate is $13$ percent and the tax rate is $21$ percent? Please solve using the financial calculator step by step