Banana Publishing Company is considering entering a new line of business. In analyzing the potential business, their financial staff has accumulated the following Information. The new business will require a capital expenditure of $2.5 million at t = 0. This equipment will be depreciated according to the MACRS 3 year class life. The equipment will have a market value of $800,000 after three years It Banana Publishing goes ahead with the new business, inventories will rise by $300,000, and accounts payable will rise by $200,000. The new business is expected to have an economic life of three years. The business is expected to generate sales of $5 million at t = 1, $6 million at t = 2, $5.6 million at t = 3. Each year, operating costs excluding depreciation are expected to be 75 percent of sales. The company's tax rate is 40 percent. The company's weighted average cost of capital is 11 percent. What is the expected Net Present Value (NPV) of the new business