The following data concern an investment project (Ignore income taxes.):

Initial investment	$180,000
Annual net cash inflows	$42,000
Salvage value at the end of project	$70,000
Working capital required	$20,000
Life of the project	5	years
Required rate of return	12%

The working capital will be released for use elsewhere at the conclusion of the project. Using the tables provided, compute the project's net present value.