Your boss is considering a 4-year investment project.

If the project is accepted, it would require an immediate spending of $551 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $130 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 $169. The team also recommends immediately setting aside $52 in cash to cover any unforeseen expenses.

The required annual rate of return is 9.2%.

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