Geller machine shop is considering a four year project to improve its production efficiency. Buying a new machine press for $460,000$ is estimated to result in $$185,000$ in annual pretax cost savings. The press falls in them MACRS Five year class, and it will have a salvage value at the end of the project of $$78,000.$ The price also requires an initial investment and spare parts and inventory of $$19,000,$ along with an additional $$2400$ in inventory for each succeeding year of the project. The shops tax rate is $21\%$ and the project required return is $10\%.$ Calculate the npv of this project