Tanaka Machine Shop is considering a $4-$year project $10$ improve its production efficiency Burying a hew machine press for $$415,000$ is estimated to result in $$163,000$ in annual pretax cost savings. The press falls in the $5-$year MACRS class, and it will have a savage value at the end of the project of $$63,000.$ The press aiso requires an initia! investment in spare parts inventory of $$26,000.$ alang with an additional $$3,400$ in inventory for each succeeding year of the project. The shop's tax rate is $21$ percent and its discount rate is $8$ percent. MACRS schedule$)$ Calculate the NPV of this project. $($Do not round intermediate calculations and round your answer to $2$ decimal piaces, e$.$g$.,32\mathrm{.}16.)$