Mattice Corporation is considering investing $870,000 in a project. The life of the project would be 6 years. The project would require additional working capital of $37,000, which would be released for use elsewhere at the end of the project. The annual net cash inflows would be $184,000. The salvage value of the assets used in the project would be $47,000. The company uses a discount rate of 13%. (Ignore income taxes.) Click here to view Exhibit 12B-1 and Exhibit 12B-2 to determine the appropriate discount factor(s) using the tables provided. Required: Compute the net present value of the project.