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Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscapings cost of capital is 6.42 percent. What is the NPV of

Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscapings cost of capital is 6.42 percent. What is the NPV of a project if the initial costs are $2,288,759 and the project life is estimated as 10 years? The project will produce the same after-tax cash inflows of $674,481 per year at the end of the year.

Round the answer to two decimal places.

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