Moates Corporation has provided the following data concerning an investment project that it is considering:

Initial investment $ $280,000$

Annual cash flow $ $128,000$ per year

Expected life of the project $4$ years

Discount rate $9\%$

Click here to view Exhibit $14$B$-1$ and Exhibit $14$B$-2,$ to determine the appropriate discount factor$($s$)$ using the tables provided.

The net present value of the project is closest to: $($Round your intermediate calculations and final answer to the nearest whole dollar amount.$)$