Esfandalri Enterprises Is considering a new three-year expansion project that requires an Initlal fixed asset investment of $2,710,000. The fixed asset will be depreclated straight-line to zero over its three-year tax IIfe, after which time It will be worthless. The project is estimated to generate $3,370,000 in annual sales, with costs of $2,190,000. Assume the tax rate is 24 percent and the required return on the project is 12 percent. What is the project's NPV? Note: A negatlve answer should be Indlcated by a minus slgn. Do not round intermedlate calculatlons and round your answer to 2 decimal places, e.g., 3216