Shinoda Manufacturing, Incorporated, has been considering the purchase of a new manufacturing facility for $$600,000.$ The facility is to be fully depreciated on a straight$-$line basis over seven years. It is expected to have no resale value at that time. Operating revenues from the facility are expected to be $$440,000,$ in nominal terms, at the end of the first year. The revenues are expected to increase at the inflation rate of $3$ percent. Production costs at the end of the first year will be $$285,000,$ in nominal terms, and they are expected to increase at $4$ percent per year. The real discount rate is $6$ percent. The corporate tax rate is $21$ percent. Calculate the NPV of the project.