Kangaroo Co$.$ will have EBIT of $$400,000,$ sales of $$1,000,000,$ depreciation of $$120,000,$ no interest and a tax rate of $20\%$ each year for the next $6$ years. Additionally, the company will spend $$2,000,000$ today on PP&E for their new project. Lastly, they will invest $$300,000$ in NWC that they will recover fully in year $6.$ What is the NPV of their new project given a $8\mathrm{.}5\%$ required rate of return? $($show work$)$