McIntyre, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $1.50 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2.15 million in annual sales, with annual cost of goods sold of $1.375 million. Assume the tax rate is 21 percent and the required return on the project is 18 percent. What is the project's NPV? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) les Net present value