Mountain Sounds Corp. is evaluating a cost savings project. The project's expected operational life is seven years. The project will save the firm $222,492 in net working capital, a one time savings for the life of the project. The project will require an investment in capital equipment of $6,052,285 and has an expected after-tax salvage value of $916,733. After considering the cash savings and depreciation impact the firm expects the project to generate operating cash flows of $1,140,723 each year for the life of the project. What is the NPV of the project if the firm's WACC is 8.5%