ATL International evaluates capital projects using the net present value, internal rate of return, profitability index, and payback methods. Project XYZ has an IRR of $14\mathrm{.}5\%,$ profitability index of $1\mathrm{.}0,$ an initial cash outflow of $$375,000,$ and a payback period of $5$ years and $0$ months. For capital projects management requires a rate of return of $14\mathrm{.}5\%.$

What is the project's net present value?