Alpha Industries is considering a project with an initial cost of $$9\mathrm{.}4$ million. The project will produce cash inflows of $$2\mathrm{.}14$ million per year for $6$ years. The project has the same risk as the firm. The firm has a pretax cost of debt of $6\mathrm{.}03$ percent and a cost of equity of $11\mathrm{.}55$ percent. The debt$$equity ratio is $\mathrm{.}74$ and the tax rate is $40$ percent. What is the net present value of the project?