PT Nabenta has a unique opportunity to invest in a two-year project in Australia. The project is expected to generate 1,000,000 Australian dollars (A$) in the first year and 2,000,000 in the second. PT Nabenta would have to invest A$1,500,000 in the project based on a spot rate of IDR9,750/A$. PT Nabenta has determined that the cost of capital for similar projects is 12%. What is the net present value of this project if the spot rate of the Australian dollar is forecasted to be IDR10,000/A$ one year from now and IDR11,500/A$ two years from now?