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Blue Spruce Corporation, which operates an amusement park, is considering a capital investment in a new ride. The ride would cost $$132,000$ and have an estimated useful life of $5$ years. The park will sell it for $$62,300$ at that time. $($Amusement parks need to rotate rides to keep people interested.$)$ The ride will be expected to increase net annual cash flows by $$24,500.$ The company's borrowing rate is $8\%.$ Its cost of capital is $10\%.$

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Calculate the net present value of this project to the company. $($If the net present value is negative, use either a negative sign preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).$ For calculation purposes, use $5$ decimal places as displayed in the factor table provided, e$.$g$.1\mathrm{.}25124.$ Round present value answer to $0$ decimal places, e$.$g$.125.)$

Net present value $

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