Closets & More is an all-equity company without any debt at the moment. The cost of equity of Closets & More is currently 11.2 percent. The risk-free rate is 3.1 percent. Closets & More is trying to evaluate a project that will require spending $11.55 million to buy fixed assets and that will last six years. The straight-line depreciation method will be used to calculate the depreciation deductions of these fixed assets. Each year, the project will bring revenues minus costs of goods sold equal to $3.29 million. Closets & More faces a 25 percent tax rate. Calculate the project's estimated unlevered cash flows, and then use them to calculate the project's unlevered net present value. Net present Value = ?