Your boss is considering a 5-year investment project.

If the project is accepted, it would require an immediate spending of $708 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $150 in sale proceeds after taxes (or after-tax salvage value).

The team recommends immediately setting aside $43 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 $179.

The required annual rate of return is 9%.

What is 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, 1,000.23 or -1,000.23 Do NOT use "$" in your answer.