Esfandairi Enterprises is considering a new three-year expansion project that requires an initial foxed asset investment of $218 million. The fixed asset will be depreciated straight-fine to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $1.645 million in annual sales, with costs of $610.000. Assume the tax rate is 21 percent and the required return on the project is 12 percent. What is the project's NPV? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculotions and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)