Crane, Inc. management is considering purchasing a new machine at a cost of $4,120,000. They expect this equipment to produce cash flows of $870,190, $882,450, $941,630, $1,015,600, $1,259,660, and $1,105,900 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment?

The NPV is