Gateway Communications is considering a project with an initial fixed assets cost of $$1\mathrm{.}47$ million that will be depreciated straight$-$line to a zero book value over the $9-$year life of the project. At the end of the project the equipment will be sold for an estimated $$248,000.$ The project will not change sales but will reduce operating costs by $$415,000$ per year. The tax rate is $24$ percent and the required return is $12\mathrm{.}3$ percent. The project will require $$56,000$ in net working capital, which will be recouped when the project ends. What is the project's NPV$?$