Walker, Inc., Is an all-equity firm. The cost of the company's equlty Is currently 10.8 percent and the risk-free rate Is 3.7 percent. The company Is currently considering a project that will cost $11.73 million and last six years. The company uses stralght-line depreclation. The project will generate revenues minus expenses each year in the amount of $3.41 million. If the company has a tax rate of 21 percent, what Is the net present value of the project? (Do not round Intermediate calculations and enter your answer in dollars, not milions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89) Net present value