SSC is considering another project the introduction of a "weight loss" smoothie. The project would require a $3 million imvestment outlay today (t - 0). The after-tax cash flows would depend on whether the weight loss smoothie is well received by consumers. There is a 40%6 chance that demand will begood, in which case the project will produce after-tax cash flows of $2.2 million at the end of each of the next 3 years. There is a 60% chance that demand will be poor, in which case the after-tax cash flows will be $0,52 million for 3 years. The project is riskier than the firm's other profects, 50 it has a Wacc of 11\%. The firm will know if the project is successiul after recelving the cash flows the first year, and alter receiving the first year's cash flows it will have the option to abandon the project. If the firm decides to abandon the project the company will not receive any cash flows after t - 1 , bet it will be able to sell the assets related to the project for $2.8 million after taxes at t - 1. Assuming the company has an option to abandon the project. what is the expected NpV of the project today? Round your answer to 2 dedimal places. Do not round your intermediate calculations. Enter your answer5 in millions. For example, an answer of $10,550,000 should be entered as 10.55 . 5. millions of doliars