Digital Organics (DO) has the opportunity to invest $1.22 million now (t= 0) and expects after-tax returns of $690,000 in t=1 and $790,000 in t=2. The project will last for two years only. The appropriate cost of capital is 10% with all-equity financing, the borrowing rate is 6%, and DO will borrow $210,000 against the project. This debt must be repaid in two equal installments of $105,000 each. Assume debt tax shields have a net value of $0.35 per dollar of interest paid. Calculate the project's APV. Note: Enter your answer in dollars, not millions of dollars. Do not round intermediate calculations. Round your answer to the nearest whole number. Adjusted present value