Green Landscaping. Inc. is using net present value (NPV) when evaluating projects. Green Landscaping cost of capital is 5.65 percent. What is the NPV of a project if the initial costs are $1, 656, 770 and the project life is estimated as 10 years? The project will produce the same after-tax cash inflows of $462, 614 per year at the end of the year. Round the answer to two decimal places