Esfandairi Enterprises is considering a new three$-$year expansion project that requires an initial fixed asset investment of $$2,350,000.$ The fixed asset will be depreciated straight$-$line to zero over its three$-$year tax life, after which time it will be worthless. The project is estimated to generate $$3,310,000$ in annual sales, with costs of $$2,330,000.$ Assume the tax rate is $23$ percent and the required return on the project is $11$ percent. What is the project's NPV$?$

Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Net present value