jacks dining is considering a new three year expansion project for grab and go that requires an initial fixed asset investment of 1.50 million. the fixed asset will be depreciated straight line to zero over its three year tax life, after which time it will have a market value of 414,000. no bonus depreciation will be taken. the project requires an initial investment in net working capital of 247,000, all of which will be recovered at the end of the project. the project is estimated to generate 1,991,500 in annual sales with cost of 957,000. the tax rate is 23.75 percent and the required return for the project is 16.9 percent. what is the net present value?