Big Question Inc. is considering a new three$-$year expansion project that requires an initial fixed asset investment of $$1\mathrm{.}2$ million. The fixed asset will be depreciated straight$-$line to zero over its three$-$year tax life. The project is estimated to generate $$1$ million in annual sales, with costs of $$430,000.$ The tax rate is $21$ percent and the required return is $10\%$ percent. Suppose the project requires an initial investment in net working capital of $$250,000,$ and the fixed asset will have no salvage value at the end of the project. What is the project's NPV$?$

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Use the below table if you wish to copy the data into Excel.

$\backslash$table$[[$Initial Investment,$$1,200,000,,,],[$Net Working Capital,$$250,000,,,],[$tax rate,$21\%,,,],[\backslash$table$[[$required rate of$],[$return$]],10\%,,,],[$Year $0,$Year $1,$Year $2,$Year $3],[$Sales$,,$$$1,000,000,$$$1,000,000,$$$1,000,000$