The manager of company $A$ is thinking about adding an air conditioner to the office.

The $AC$ will cost $$1270$ to buy and install. The manager plans to use the $AC$ for $5$

years and each year's depreciation rate is $19\%$ of the purchase price. The manager

expects to sell the AC in $5$ years for $$460.$ The tax rate is $20\%$ and the company's

WACC is $6\%.$ If the manager considers this purchase of AC as an investment, what is

the NPV $($keep two decimal places and assume that the AC will not affect the

operations of the company$)?$

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