Your firm has an average receipt size of $$70.$ A bank has approached you concerning a lockbox service that will decrease your total collection time by $3$ days. You typically receive $8,700$ checks per day. The daily interest rate is $0\mathrm{.}018$ percent. The bank charges a lockbox fee of $$190$ per day.

What is the NPV of accepting the lockbox agreement? $($Round your answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

NPV $ $......$

What would the net annual savings be if the service were adopted? $($Use $365$ days a year. Do not round intermediate calculations and round your final answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

Net annual savings $ $.....$