The Whispering Winds Company is planning to purchase $458,000 of equipment with an estimated 7-year life and no estimated salvage value. The company has projected the following annual cash flows for the investment: Year Projected Cash Flows 1 $215,000 2 136,000 3 105,000 4 58,400 5 61,900 6 43,600 7 46,600 Total $666,500 Click here to view the factor table. Calculate the net present value of the proposed equipment purchase. Whispering Winds uses a 6% discount rate. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, e.g. 58,971.) Net present value $