The corp is considering a capital budgeting project that requires an initial investment of $640,000 and working capital of $79,000. Working capital would be released for use elsewhere at the end of the project in 3 years. The investment would generate annual cash inflow of $205,000 for the life of the project. At the end, the equipment that had been used could be sold for $29,000. The company's discount rate is 7%. The net present value of the project is closet to?