First and Goal Corporation's stock returns have a covariance with the market portfolio of $\mathrm{.}0481.$ The standard deviation of the returns on the market portfolio is $18$ percent and the expected market risk premium is $6\mathrm{.}9$ percent. The company has bonds outstanding with a total market value of $$56\mathrm{.}3$ million and a yield to maturity of $6\mathrm{.}5$ percent. The company also has $5\mathrm{.}5$ million shares of common stock outstanding, each selling for $$38.$ The company's CEO considers the firm's current debt$-$equity ratio optimal. The corporate tax rate is $23$ percent and Treasury bills currently yield $3\mathrm{.}9$ percent. The company is considering the purchase of additional equipment that would cost $$55\mathrm{.}5$ million. The expected unlevered cash flows from the equipment are $$18\mathrm{.}35$ million per year for $5$ years. Purchasing the equipment will not change the risk level of the firm. What is the NPV of the project? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89)$