Lightning Bolt Inc. has an opportunity to pursue a capital budgeting project with a five$-$year time horizon. After careful study, Lightening estimated the following costs and revenues for the project:

Cost of equipment $$200,000$

Working capital needed $$50,000$

Overhaul of the equipment in two years $$20,000$

Sales Revenue $$280,000$

Variable expenses $$160,000$

Fixed out$-$of$-$pocket operating costs $$50,000$

The piece of equipment mentioned above has a useful life of five years and zero salvage value. Lightning uses straight$-$line depreciation for financial reporting and tax purposes. The company's tax rate is $30\%$ and its after$-$tax cost of capital is $10\%.$ 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.