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( Net present value calculation ) Carson Trucking is considering whether to expand its regional service center in Mohab, UT . The expansion requires the

(Net present value calculation)Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The expansion requires the expenditure of $10 comma 000 comma 00010,000,000 on new service equipment and would generate annual net cash inflows from reduced costs of operations equal to $2 comma 500 comma 0002,500,000 per year for each of the next 88 years. In year 88 the firm will also get back a cash flow equal to the salvage value of the equipment, which is valued at $11 million. Thus, in year 88 the investment cash inflow totals $3 comma 500 comma 0003,500,000. Calculate the project's NPV using a discount rate of 99 percent.
If the discount rate is 99percent, then the project's NPV is $enter your response here. (Round to the nearest dollar.)

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