The Allied Corporation analyzes a project that requires an immediate investment of $470. Allied estimates that at the end of the first year the project will generate a cash flow of $650, but that at the end of the second year, when the project ends, it will generate a negative cash flow of $70. The project's required rate of return is estimated to be 9.25%. Calculate the NPV of Allied's project. $_________________

Work your analysis using at least 4 decimal places of accuracy.