The Bruce Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the local utility company. Between cost saving and new revenues, the company expects to generate $750,000 per year in net cash inflows from the turbine. The turbine would cost $4 million and is expected to have 20-year useful life with no residual value. Calculate the NPV assuming the company uses a 12% hurdle rate