Calculate the net present value (NPV) of a project for Google LLC. The project requires an initial investment of $1 million and is expected to generate cash flows of $300,000, $400,000, $500,000, $600,000, and $700,000 over the next five years, respectively. Apply a discount rate of 12%. Interpret the NPV result and provide recommendations regarding the project's feasibility.

Year	Cash Flow ($)
0	-$1,000,000
1	$300,000
2	$400,000
3	$500,000
4	$600,000
5	$700,000