Lily Inc., is contemplating the purchase of a new $348,606 glass manufacturing system. Delivery costs for the system will amount to $33,768 and the firm will need to pay an additional $29,402 in modification costs. The firm spent the last six months traveling to several manufacturing plants to analyze various pieces of equipment, which cost the firm $22,559. The system will be depreciated straight-line to zero over its five-year life. The firm plans on salvaging the equipment at the end of four years for $147,147. The new system will increase pre-tax revenues by $187,623 per year, but pre-tax costs will also increase by $53,272 per year. The firm will be able to reduce working capital by $28,470 at the beginning of the project, but will repay this at the end of the project's life. If the tax rate is 35 percent and the discount rate is 6.74%, what is the NPV for this project?