Redsky is planning to raise $4.35 million for three years at an interest rate of 7.85 percent to finance their expansion. The Marion County Board has just offered the firm the $4.35 million they need at 6 percent if the firm builds in Marion County, pays the interest annually, and repays the principal at the end of three years. What is the net present value of the loan to Redsky if the firm's tax rate is 21 percent and it accepts the county's offer?