Ronny Falcone Pizza Corp., is considering purchasing a new wood saw that costs $$50,000.$ The saw will generate revenues of $$100,000$ per year for five years. The cost of materials and labor needed to generate these revenues will total $$60,000$ per year, and other cash expenses will be $$10,000$ per year. The machine is expected to sell for $$1,000$ at the end of its five$-$year life and will be depreciated on a straight$-$line basis over five years to zero. Ronny Falcone Pizza Corp's tax rate is $34$ percent, and its opportunity cost of capital is $10$ percent.

Assume all incremental cash flows are at the end of the year.

Assume all values rounded to nearest dollar.

Assume salvage value used in straight line depreciation is zero.

Assume cost of capital is annual rate with annual compounding.

What is the project's NPV$?$