Suppose Lumbering Ox Truckmakers is evaluating a proposed capital budgeting project $($project Beta$)$ that will require an initial investment of $$2,225,000.$ The project is expected to generate the following net cash flows:

Year

Cash Flow

Year $1$ $$300,000$

Year $2$ $$500,000$

Year $3$ $$500,000$

Year $4$ $$400,000$

Lumbering Ox Truckmakers$$s weighted average cost of capital is $7\%,$ and project Beta has the same risk as the firm$$s average project. Based on the cash flows, what is project Beta$$s NPV$?$