Your company is considering investing in a new technology that can improve production efficiency. The new technology requires a capital investment of $1,000,000 now, and it will save $100,000 at the end of each year for material and labor cost. Further, the updated production line will have a salvage value of $300,000 at the end of its service life of 17 years. The cost for maintenance and operation is $20,000 each year. What is the net present worth of investing in this new technology with a 3% interest rate? Round the answer to the nearest integer