Alexa Industries is considering entering the cloud computing business running software specifically for storage unit management. The necessary hardware and software for the project is estimated to cost $$2,000,000$ with an additional $$500,000$ for installation and configuration. $$100,000$ in additional working capital would also be required. Management anticipates added revenues of $$1,200,000$ per year and expenses of $$300,000$ per year for the duration of the five year project. The equipment and software would be depreciated straight$-$line over its five year life and would have an estimated salvage value of $$200,000$ at the end of five years. Given the firm's tax rate of $25\%$ and required rate of return of $10\%,$ what is the project's NPV$?$

$587,859\mathrm{.}75$

$505,080\mathrm{.}45$

$425,677\mathrm{.}68$

$349,474\mathrm{.}99$