Esfandairi Enterprises is considering a new three$-$year expansion project that requires an initial fixed asset investment of $$2,480,000.$ The fixed asset will be depreciated straight$-$line to zero over its three$-$year tax life, after which time it will be worthless. The project is estimated to generate $$3,430,000$ in annual sales, with costs of $$2,450,000.$ Assume the tax rate is $25$ percent and the required return on the project is $9$ percent. What is the project$$s NPV$?$