teamboat Springs Furniture, Inc., is considering purchasing a new finishing lathe that costs $$60,435\mathrm{.}00.$ The lathe will generate revenues of $$95,516\mathrm{.}00$ per year for five years. The cost of materials and labor needed to generate these revenues will total $$50,799\mathrm{.}00$ per year, and other cash expenses will be $$11,682\mathrm{.}00$ per year. The machine is expected to sell for $$8,150\mathrm{.}00$ at the end of its five$-$year life and will be depreciated on a straight$-$line basis over five years to zero. Steamboat Springs' marginal tax rate is $35\mathrm{.}00$ percent, and its cost of capital is $12\mathrm{.}00$ percent.

What is the NPV of the project?

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Answer format: Currency: Round to: $2$ decimal places.