Carson trucking is considering whether to expand its original service center in Moab Utah. Expansion requires the expenditure of $10,500,000 on a new service equipment that would generate annual net cash inflows from increased cost of operations equal to 3 million per year for each of the next 9 years. In year 9 the firm will also get a cash flow equal to salvage value of the equipment, which is valued at $0.9 million. Thus, in year 9 the investment cash inflow totals $3,900,000. Calculate the projects NPV using a discount rate of 10%.