The Bruin's Den Outdoor Gear is considering a new $7-$year project to produce a new tent line. The equipment necessary would cost $$1\mathrm{.}87$ million and be depreciated using straight$-$line depreciation to a book value of zero. At the end of the project, the equipment can be sold for $15$ percent of its initial cost. The company believes that it can sell $29,500$ tents per year at a price of $$76$ and variable costs of $$35$ per tent. The fixed costs will be $$515,000$ per year. The project will require an initial investment in net working capital of $$241,000$ that will be recovered at the end of the project. The required rate of return is $11\mathrm{.}9$ percent and the tax rate is $35$ percent. What is the NPV$?$