(Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The expansion requires the expendiure of \$9,000,000 cn new service equipment and would gonerate anneal net cash inflows from reduced costs of operations equal to $2,000,000 per yoar for each of the noxt 7 yoars. In year 7 the fem wil also get back a cash flow equal to the salvage value of the equipmont, which is valued at $1.1 million. Thus, in year 7 the investrnent casth inflow totals $3,100,000. Calculate the prejoct's NPV using a discount rale of 8 percent. It the discount rate is B percent, then the projects NPV is ? (Round to the nearest dollar.)