${?}^{****}$ Round to the nearest $$1\mathrm{.}00($i$.$e$.129\mathrm{.}4=129)**$

Logan's Outdoor Company is considering an eight$-$year project with the following cash flows:

Initial outlay $=($$$600,000)$

Years $1-8=$$$120,000$

Compute the NPV of this project if the company's cost of capital is $6\mathrm{.}5\%.$c