Gaston Company is considering a capital budgeting project that would require a $2,400,000 investment in equipment with a useful life of five years and no salvage value. The company's tax rate is 30% and its after-tax cost o capital s 16 lt uses the straign e depreciation method for na c a report ngan tax urposes. The roiec would provide net operating income each year for five years as follows: Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs S 3,200,000 1,720,000 1,480,000 540,000 480,000 Depreciation Total fixed expenses Net operating income 1,020,000 $ 460,000 Click here to view Exhibit 88-1 and Exhibit 88-2, to determine the appropriate discount factor(s) using tables Required: Compute the project's net present value. (Round discount factor(s) to 3 decimal places.) Net present value