Persiplex is considering a new perspex window making machine. The costs and expected cash flows of pursuing the venture is given below. The company uses a discount rate of 16.67 percent for such projects.

Year	Cash flow estimation
0	$-2,574,491
1	$546,300
2	$667,188
3	$816,113
4	$802,638
5	$949,550

The NPV of the project is $

(Round your answer to 2 decimal places. All intermittent calculations should be rounded to 4 decimal places before carrying to next calculation. If the number is negative identify with a negative symbol (-).)