Jobs R Us, Inc. is a recruiting firm that specializes in post college placement in the finance industry. Its clients are currently concentrated in the North-Eastern United States. It is contemplating expanding into the Mid-West and accesses the risk of the new venture to be similar to that of the existing company.

Your summer intern created a summary for Jobs R Us, Inc. potential in the Midwest market over the next 5 years:

-Revenue is expected to be $7,500,000 in the first year and grow 8% per year for the next 4 years.

-Variable cost is expected to be 45% of revenue.

-Fixed cost (including depreciation) is expected to be $1,250,000 of revenue each year.

-Depreciation expense is expected to be $75,000 each year.

-Maintenance capex is expected to be $150,000 each year.

-Change in Net working capital is expected to be $100,000 in year 1, growing at the same percentage as revenue thereafter.

-Taxes are 40%.

-Initial investment today is estimated to be $2,500,000.

-After tax cost of capital is 12%

Question: What is the NPV? (answer in millions. round to 1 decimal)