A company sells Widgets to consumers at a price of $100 per unit. The cost to produce Widgets is $46 per unit. The company will sell 13,000 Widgets to consumers each year. The fixed costs incurred each year will be $100,000. There is an initial investment to produce the goods of $4,000,000 which will be depreciated straight line over the 6 year life of the investment to a salvage value of $0. The opportunity cost of capital is 5% and the tax rate is 30%.

Using an operating cash flow of 621,400 each year, what is the NPV of this project?