Walmart Inc. is evaluating a potential CSR project that involves reducing plastic waste by transitioning to biodegradable packaging. The project involves the following cash flows over five years:

• Year 1: ($1,500,000)
• Year 2: ($1,000,000)
• Year 3: $500,000
• Year 4: $1,000,000
• Year 5: $2,000,000

The discount rate is 8%. Calculate the net present value (NPV) of the CSR project for Walmart Inc.