Chung Electronics is considering a new project that complements its existing business. The machine required for the project costs $$3\mathrm{.}95$ million. The marketing department predicts that sales related to the project will be $$2\mathrm{.}65$ million per year for the next four years, after which the market will cease to exist. The machine will be depreciated down to zero over its four$-$year economic life using the straight$-$line method. Cost of goods sold and operating expenses related to the project are predicted to be $20$ percent of sales. The company also needs to add net working capital of $$300,000$ immediately. The additional net working capital will be recovered in full at the end of the project$$s life. The corporate tax rate is $25$ percent. The required rate of return is $14$ percent. What is the NPV for this project?