Watson, Inc., is an all-equity firm. The cost of the company's equity is currently 12 percent, and the risk-free rate is 3.8 percent. The company is currently considering a project that will cost $11.49 million and last six years. The company uses straight-line depreciation. The project will generate revenues minus expenses each year in the amount of $3.23 million. answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net present value