Dyrdek Enterprises has equity with a market value of $15.2 million and the market value of debt is $11.3 million. The company is evaluating a new project that has more risk than the firm. As a result, the company will apply a risk adjustment factor of 2.8 percent. The new project will cost $1.97 million today and provide annual cash flows of $618,400 for the next 7 years. The company's cost of equity is 8.76 percent and the pretax cost of debt is 5.08 percent. The tax rate is 21 percent. What is the project's NPV? NPV=$