Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.54 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 $272248 at the end of the project. The project is estimated to generate $2107507 in annual sales, with costs of $829726. The project requires an initial investment in net working capital of $374305. If the tax rate is 38 percent and the required return on the project is 11 percent, what is the project's NPV?

(Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.)