Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $3 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2,180,000 in annual sales, with costs of $875,000. The tax rate is 30 percent and the required return on the project is 9 percent. What is the project's NPV?(Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

NPV$