The Woodruff Corporation purchased a piece of equipment three years ago for $212,000. It has an asset depreciation range (ADR) midpoint of eight years. The old equipment can be sold for $93,500. A new piece of equipment can be purchased for $324,000. It also has an ADR of eight years. Assume the old and new equipment would provide the following operating gains (or losses) over the next six years:

Year	New Equipment	Old Equipment
1...............	$80,500	$26,500
2...............	78,000	14,250
3...............	71,500	8,000
4...............	59,250	6,250
5...............	49,500	4,750
6...............	43,750	-6,750

The firm has a 25 percent tax rate and a 9 percent cost of capital.

What is the NPV of this replacement decision? Round your solution to two decimal places.

I already know the present value of new equipment is $238,611 and the present value of incremental benefits is $237,777.48

But I'm getting the NPV wrong...