Sunshine Smoothies Company $($SSC$)$ manufactures and distributes smoothies. It is considering the introduction of a $$weight loss$$ smoothie. The project would require a $$4$ million investment outlay today $($t $=0).$ The after$-$tax cash flows would depend on whether the weight loss smoothie is well received by consumers. There is a $50\%$ chance that demand will be good, in which case the project will produce after$-$tax cash flows of $$2\mathrm{.}5$ million at the end of each of the next $3$ years. There is a $50\%$ chance that demand will be poor, in which case the after$-$tax cash flows will be $$1$ million for $3$ years. The project is riskier than the firm$$s other projects, so it has a WACC of $12\%.$ The firm will know if the project is successful after receiving first year$$s cash flows. After receiving the first year$$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 $=1,$ but it will be able to sell the assets related to the project for $$2\mathrm{.}25$ million after taxes at t $=1.$

What is the expected NPV of the project if it cannot be abandoned? Enter your answer in millions. For example, an answer of $$10,550,000$ should be entered as $10\mathrm{.}55.$ Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to two decimal places.

$ $\_\_\_$ million