Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.31 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life and is estimated to have a market value of $230187 at the end of the project. The project is estimated to generate $2187913 in annual sales, with costs of $859348. The project requires an initial investment in net working capital of $381310. If the tax rate is 32 percent and the required return on the project is 8 percent, what is theproject'sNPV?

(round answer to nearest dollar amount)