Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of​ $4,000,000and would generate annual net cash inflows of $900,000 per year for7 years. Calculate the​ project's NPV using a discount rate of 7%.If the discount rate is 7%, then the project's NPV is $_________(Rounded to the nearest dollar)