You have an opportunity to buy a new piece of diagnostic equipment for the following terms: price including installation: $1,285,000; expected useful life: 5 years with straight-line depreciation; cost of capital for the practice is 12%.According to financial projections, each year will look something like this:

Projections ($000s)

Start	1	2	3	4	5	6	Total
Cash inflows		328	450	525	760	620	2,683
Cash outflows	1,285	105	138	155	200	170	2,053
Net cash flows	-1,285	223	312	370	560	450	630

What is the NPV of this decision?