Suppose a company has proposed a new 5-year project. The project has an initial outlay of $171,000 and has expected cash flows of $39,000 in year 1, $49,000 in year 2, $54,000 in year 3, $64,000 in year 4, and $76,000 in year 5. The required rate of return is 17% for projects at this company. What is the net present value for this project? (Answer to the nearest dollar.)