Dyrdek Enterprises has equity with a market value of $$12\mathrm{.}4$ million and the market value of debt is $$4\mathrm{.}35$ million. The company is evaluating a new project that has more risk than the firm. As a result, the company will apply a risk adjustment factor of $1\mathrm{.}7$ percent. The new project will cost $$2\mathrm{.}52$ million today and provide annual cash flows of $$656,000$ for the next $6$ years. The company's cost of equity is $11\mathrm{.}71$ percent and the pretax cost of debt is $5\mathrm{.}04$ percent. The tax rate is $22$ percent. What is the project's NPV$?$