$18.$ Dyrdek Enterprises has equity with a market value of $$11\mathrm{.}0$ million and the market value of debt is $$3\mathrm{.}65$ million. The company is evaluating a new project that has more risk than the firm. As a result, the company will apply a risk adjustment factor of $1\mathrm{.}8$ percent. The new project will cost $$2\mathrm{.}24$ million today and provide annual cash flows of $$586,000$ for the next $6$ years. The company's cost of equity is $11\mathrm{.}15$ percent and the pretax cost of debt is $4\mathrm{.}90$ percent. The tax rate is $21$ percent. What is the project's NPV$?$