Frank’s Sausage is looking at a new sausage system with an installed cost of $480,000. This cost will be depreciated straight-line to zero over the project’s five-year life, at the end of which the sausage system can be scrapped for $70,000. The sausage system will save the firm $160,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $29,000. The net working capital associated with the project can be recovered at the end of the project. If the tax rate is 34% and the discount rate is 10%, what is the NPV of this project?