Nike has hired an external consultant like Crowe to provide a solution to their warehousing problem now that they sell so much in Nike.com. The project will cost the company $4,150,000 now, require $380,000 in support in year 1, and $235,000 in year 2. The company expects a benefit of $495,000 in year 1 increasing by 8% per year for the foreseeable future. What is the Net Present Value of the project at a MARR of 11% and project life of 10 years?