Esfandairi Enterprises is considering a new three$-$year expansion project that requires an initial fixed asset investment of $$2,180,000.$ The fixed asset will be depreciated straight$-$line to zero over its three$-$year tax life, after which time it will be worthless. The project is estimated to generate $$1,645,000$ in annual sales, with costs of $$610,000.$ If the tax rate is $21$ percent, what is the OCF for this project? Suppose the required return on the project is $12$ percent. What is the project's NPV$?$