A project requires the intial fixed capital outlay of $120,000 and net working capital of$40,000 before it starts. The project manager forecasts that the annual sales would be $410,000 until the project ends in the next five years. The annual cash operating expense is$280,000. The fixed assets should depreciate based on straight-line method to no salvage value. At the end of the project, the fixed assets can be sold at \$5,000. With the tax rate of 30%, what is project NPV?