What is the after-tax net present value of a project costing $588000 that Plud Corporation can invest in if the project has the following estimated revenues and expenses?(For calculation purpose, round factor values to 3 decimal places.)

Initial cost	$	588000
Revenue	2030000
Expenses	1454000
Revenue	1830000
Expenses	1256000

Plud uses an 8 percent discount rate for evaluation and expects a 34 percent marginal tax rate in the relevant years.