Should a company start a multi-year investment project? Here's what's known: The return required for this project is 14.8% per year. $231,000 would need to be invested right away to buy all necessary production equipment. This project is expected to end at the end of Year 4 , and at that time all production equipment will be sold and generate a cash inflow of $177,000 in after-tax salvage value. To meet any unforeseen equipment maintenance and repair expenses, $45,000 of cash woul be set aside at the start of the project. It will then be increased by $10,000 each year. The cash balance will then be recovered at the end 0 the project's life. $75,000 in after-tax profits (i.e., operating cash flow) is estimated for each future year of the project. The project's Net Present Value equals \$_