Iron Hawk, Inc. will be investing in a new project. The initial investment is $6,506,000. The project will have a five year life. The book value of the assets at the end of the project will be $550,000. The company will use straight line depreciation for the project. They will be able to sell the item assets at the end of the project for $800,000. The project will require $300,000 in net working capital investment. The project will produce $2,686,000 in revenue and incur $744,180 in costs. The company's effective tax rate is 31% If the firm's cost of capital is 12.5% what is the NPV of the project.