Net present value: Crescent Industries is planning to replace some existing machinery in its plant. The cost of the new equipment and the resulting cash flows are shown in the accompanying table.

Year	Cash Flow
0	-$3,128,070
1	$928,943
2	$925,061
3	$1,075,499
4	$1,229,642
5	$1,626,907

If the company uses an 18 percent discount rate for project like this, the NPV is $_______, and the company should accept or reject the project.