Lord Zipacna's new project has an initial requirement of $306,000 for fixed assets and $63,000 for net working capital. The fixed assets will be depreciated to a zero book value over the 6-year life of the project and have an estimated salvage value of $153,000. All of the net working capital will be recouped at the end of the project. The annual operating cash flow is $330,000 and the discount rate is 20.3 percent. What is the project's net present value if the tax rate is 34.8 percent? Answer Tolerance: $1,250