Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscapings cost of capital is 14.50 percent. What is the NPV of a project if the initial costs are $1,464,977 and the project life is estimated as 10 years? The project will produce the same after-tax cash inflows of $438,988 per year at the end of the year. Round the answer to two decimal places.