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Project $Y$ requires a $$322,500$ investment for new machinery with a five$-$year life and no salvage value. The project yields

the following annual results. Cash flows occur evenly within each year. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

Determine Project Y$\text{'}$s net present value using $9\%$ as the discount rate.

Note: Do not round intermediate calculations. Round your present value factor to $4$ decimals and final answers to the nearest

whole dollar.