Your boss is considering a 4-year investment project.

If the project is accepted, it would require an immediate spending of $506 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $149 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 $158. The team also recommends immediately setting aside $57 in cash to cover any unforeseen expenses.

The required annual rate of return is 9.4%.

Calculate the Net Present Value of this proposed investment project. (Do NOT use "$" in your answer. Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your answer to TWO decimal places. For example, 1,000.23 or -1,000.23)