Find the net present value (NPV) for the following series of future cash flows, assuming the company’s cost of capital is 10.19 percent. The initial outlay is $471,448.
Year 1: 191,637
Year 2: 128,236
Year 3: 161,255
Year 4: 138,369
Year 5: 190,517
Round the answer to two decimal places in percentage form.