Tanaka Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $430.000 is estimated to result in $170.000 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvagle value at the end of the project of $73,000. Reler to Iable 83 . The press also requires an initial investment in spare parts inventory of \$16,000, along with an additional $2,100 in imventory for each succeeding year of the project. The shop's tax rate is 24 percent and the project's required return is 10 percent. Calculate the NPV of this project. Note: Do not round intermediate colculations and round your answer to 2 decimal places, e.9., 32.16