Hubrey Home Inc is considering a new threeyear expansion project that requires an initial fixed asset investment of $3.9 million The fixed asset falls into Class 10 for tax purposes (CCA rate of 30 per year), and at the end of the three years can be sold for a salvage value equal to its UCC The project is estimated to generate $2,650,000 in annual sales, with costs of $840,000 The tax rate is 35 and the required return on the project is 12 What is the project's NPV