Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $511,046 is estimated to result in some amount of annual pretax cost savings. The press will have an aftertax salvage value at the end of the project of $86,298. The OCFs of the project during the 4 years are $178,866, $194,433,$170,550 and $169,107, respectively. The press also requires an initial investment in spare parts inventory of $28,647, along with an additional $4,341 in inventory for each succeeding year of the project. The shop's discount rate is 6 percent. What is the NPV for this project? (Round your final answer to the nearest dollar amount. Omit the "\$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.)