Carson Trucking is considering whether to expand its regional service center in$$ Mohab, UT$.$ The expansion requires the expenditure of $$$$9,500,000$ on new service equipment and would generate annual net cash inflows from reduced costs of operations equal to $$$$2,000,000$ per year for each of the next $6$ years. In year $6$ the firm will also get back a cash flow equal to the salvage value of the$$ equipment, which is valued at $$$$1$ million. $$ Thus, in year $6$ the investment cash inflow totals $$$$3,000,000.$ Calculate the$$ project's NPV using a discount rate of $7$ percent.