Lander Company has an opportunity to pursue a capital budgeting project with a five-year time horizon. After careful study, Lander estimated the following costs and revenues for the project: $240,000 Cost of equipment needed 61,000 Working capital needed 18,500 Overhaul of the equipment in two years Annual revenues and costs: $360,000 Sales revenues $185,000 Variable expenses 82,000 Fixed out-of-pocket operating costs The piece of equipment mentioned above has a useful life of five years and zero salvage value. Lander uses straight-line depreciation for financial reporting and tax purposes. The company's tax rate is 40% and its after-tax cost of capital is 12%. When the project concludes in five years the working capital will be released for investment elsewhere within the Company. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: Calculate the net present value of this investment opportunity. (Negative amounts should be indicated by a minus sign. Round discount factor(s) to 3 decimal places. Round your final answer to nearest whole dollar.) Net present value