At the moment Lauren Co$.$ keeps a constant debt$-$to$-$equity ratio equal to $1,$ its rU is $13\mathrm{.}33\%$ and its cost of debt is $2\mathrm{.}50\%.$ Moreover the company's debt bears no systematic risk. Lauren is thinking to raise $$20,000,000$ to acquire the assets for a new, $7$ year$-$long, project. The assets of this new project are as risky as the other assets of the firm. This new venture will be separated from the rest of the company's operations. As the new project is short$-$lived, Lauren's management think to keep a constant amount of debt equal to $30\%$ of the initial asset value. The cost of debt for the new project is the same as the cost of the other debt issued by the company. The assets of the project will be depreciated straight line through the life of the project, and the present value of depreciation tax benefits for the first year is $709,171\mathrm{.}50.$ The corporate tax rate is $26\%.$ Assuming that the annual expected net income from the project is $$14,534,000,$ what is the NPV of the project?