Your boss is considering a 5-year investment project. If the project is accepted, it would require an immediate spending of $644 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $113 in sale proceeds after taxes (or after-tax salvage value). The team recommends immediately setting aside $58 in cash to cover any unforeseen expenses. Your boss's consulting team also estimated that the annual after-tax profits (or operating cash flows) would equal $166. The required annual rate of return is 8.2%. What is the Net Present Value of this proposed investment project? If your answer is negative, don't forget the minus sign!

Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $317,000 in sales revenue, the production costs will total $260,000, and it will be in the 38% corporate income tax rate bracket. In addition, your company would need to spend $300,000 on buying production equipment, which will be depreciating straight line over 12 years.

Calculate the estimated first year Operating Cash Flow.

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, 10,000.23. Do NOT use "$" in your answer.