Manheart has developed a project that requires an immediate investment of $220. The project's long-term cash flows are $85 for 5 consecutive years beginning in one year. If the project has a required rate of return of 3%, what is the project's NPV.

Project NPV: $

Place your answer in dollars and cents. Do NOT include a dollar sign or a comma in your NPV. For example, an answer of ten thousand should be placed as 10000. If applicable, indicate negative amounts with a minus sign in front of the number. Work your analysis using at least 4 decimal places of accuracy.