Oregon Forest Products will acquire new equipment that falls under the five$-$year MACRS category. The cost is $$340,000.$ If the equipment is purchased, the following earnings before depreciation and taxes will be generated for the next six years. Use Table $12-12.$

Earnings before Depreciation

Year $1$ $ $106,000$

Year $2160,000$

Year $3105,000$

Year $456,000$

Year $558,000$

Year $635,000$

The firm is in a $25$ percent tax bracket and has a $13$ percent cost of capital.

a$.$ Calculate the net present value. $($A negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole dollar amount.$)$