SCG Logistics is planning a new project with an initial investment of 350000. The project will produce cash inflow of 140000 from years 1 to 7. The firm has bonds with yield to maturity of 13% and cost of equity of 17 percent. The debt-equity ratio is 1.1. The tax rate is 20%. The project has similar risk to the firm current operations. What is the net present value of the project?