Jasper Metals is considering installing a new molding machine. The initial cost of the molding machine is $$249,000.$ The machine is expected to produce recurring unlevered net income and depreciation tax shields of $$73,000$ a year for $7$ years. At the beginning $($i$.$e$.,$ year zero$)$ of the project, setting up its operations will increase accounts receivables by $$21,000$ and accounts payable by $$31,000.$ At the end of the project, net working capital will return to its normal level. The equipment will be salvaged at the end of the project creating a $$48,000$ aftertax cash flow. What is the net present value of this project given a required return of $14\mathrm{.}5$ percent?