Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $513,115 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 $85,560. The OCFs of the project during the 4 years are $174,596,$194,278,$171,031 and $169,758, respectively. The press also requires an initial investment in spare parts inventory of $23,704, along with an additional $2,673 in inventory for each succeeding year of the project. The shop's discount rate is 7 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.)