Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 18%. After careful study, Oakmont estimated the following costs and revenues for the new product: Cost of equipment needed Working capital needed Overhaul of the equipment in year two Salvage value of the equipment in four years $ 260,000 $ 87,000 $10,500 $ 13,500 Annual revenues and costs: Sales revenues Variable expenses Fixed out-of $430,000 $210,000 $ 88,000 costs When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollar amount.)