Lander Company has an opportunity to pursue a capital budgeting project with a five$-$year time horizon. Lander estimated the following costs and revenues for the project:

Cost of equipment needed,$$320,000$

Working capital needed $$69,000$

Repair of equipment in two years $$22,500$

Sales revenue $$440,000$

variable expenses, $225,000$

Fixed out of pocket operating cost $$98,000$

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 tax rate is $30\%$ and it's after tax cost of capital it's $11\%$ when the project concludes in five years the working capital will be released for investment elsewhere within the company.

Calculate the net present value of this investment opportunity