Esfandairi Enterprises is considering a new three$-$year expansion project that requires an

initial fixed asset investment of $$2\mathrm{.}45$ million. 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 $$1,795,000$ in annual sales, with costs of $$705,000.$ The

tax rate is $22$ percent and the required return on the project is $10$ percent. What is the

project's NPV$?($Do not round intermediate calculations. Enter your answer in dollars,

not millions of dollars, and round your answer to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.)$