Your company is purchasing a new machine to make widgets. The machine costs $1,919,000 today and will be depreciated straight-line over 5 years to a salvage value of $100,000. You anticipate that the machine can be sold in 5 years for $198,000. The machine will allow your company to increase its production and associated revenues by $1,012,000 each year. The incremental yearly cost of goods sold for these additional widgets is $641,000, and the incremental SGA expense associated with selling these widges is $101,000 per year. The new machine will require an initial one-time increase in working capital, mainly raw material inputs, of $164,000. The working capital will be recaptured at the end of the project in 5 years. The firm's marginal tax rate is 32% and the discount rate is 9%. What is the NPV of the project? (answer in dollars, but without the dollar sign)