Plesse do all steps necessary. ive been submitting finance questions and most of them have been wrong. please give md the right answer

(Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of $4,000,000 and would generate annual net cash inflows of $1,200,000 per year for 6 years. Calculate the project's NPV using a discount rate of 7 percent If the discount rate is 7 percent, then the project's NPV is $ (Round to the nearest dollar.)