Your boss is considering a 5-year investment project.

If the project is accepted, it would require an immediate spending of $789 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $160 in sale proceeds after taxes (or after-tax salvage value).

The team recommends immediately setting aside $51 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 $167.

The required annual rate of return is 9.9%.

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