Nike thinks a new 4-year project. The project is estimated to generate $1,85 million in annual sales, with costs of $1.038 million. They expect an initial fixed asset investment of $1,670,000, which will be depreciated straight-line to zero over the project period. The salvage value of this fixed asset is $435,000. Initial net working capital is $198,000, all of which will be recovered at the end of the project. The tax rate is 21 percent and the required return for the project is 16.4 percent What is the net present value?