Lakonishok Equipment has an investment opportunity in Europe. The project costs $12$ million and is expected to produce cash flows of $2\mathrm{.}1$ million in Year $1,2\mathrm{.}5$ million in Year $2,$ and $3\mathrm{.}6$ million in Year $3.$ The current spot exchange rate is $$1\mathrm{.}36/$ and the current risk$-$free rate in the United States is $2\mathrm{.}9$ percent, compared to that in Europe of $2\mathrm{.}1$ percent. The appropriate discount rate for the project is estimated to be $15$ percent, the U$.$S$.$ cost of capital for the company. In addition, the subsidiary can be sold at the end of three years for an estimated $9\mathrm{.}1$ million. What is the NPV of the project? $($Do not round intermediate calculations and enter your answer in dollars, not in millions, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.)$