(Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT The expansion requires the expenditure of $9,500,000 on new service equipment and would generate annual net cash inflows from reduced costs of operations equal to $4,000,000 per year for each of the next 7 years In year 7 the firm will also get back a cash flow equal to the salvage value of the equipment, which is valued at $0.9 million. Thus, in year 7 the investment cash inflow totals $4,900,000 Calculate the project's NPV sing a discount rate of 7 percent If the discount rate is 7 percent, then the project's NPV is $ (Round to the nearest dollar)