Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 16%. After careful study, Oakmont estimated the following costs and revenues for the new product $170,000 68,000 12,00 $16,000 Cost of equipment needed Working capital needed Overhaul of the equipment in year two Salvage value of the equipment in four years Annual revenues and costs: Sales revenues Variable expenses Fixed out-of-pocket operating costs $330,000 $160,000 78,000 When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 138-1 and Exhibit 138-2, to determine the appropriate discount facfors) using tables Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollar amount.)