Your boss is considering a $4-$year investment project.

If the project is accepted, it would require an immediate spending of $$579$ to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $$199$ in sale proceeds after taxes $($or after$-$tax salvage value$).$

Your boss's consulting team estimated that the annual after$-$tax profits $($or operating cash flows$)$ would equal $$162.$

The team also recommends immediately setting aside $$56$ in cash to cover any unforeseen expenses.

The required annual rate of return is $9\mathrm{.}7\%.$

Calculate the Net Present Value of this proposed investment project. If your answer is negative, don't forget the minus sign!

Increase decimal places for any intermediate calculations, from the default $2$ to $6$ or higher. Only round your final answer to TWO decimal places. For example, $1,000\mathrm{.}23$ or $-1,000\mathrm{.}23$

Do NOT use $"$$$"$ in your answer.