Carson Trucking is considering whether to expand its regional service center in​ Mohab, UT. The expansion requires the expenditure of ​$10,000,000 on new service equipment and would generate annual net cash inflows from reduced costs of operations equal to ​$2,500,000 per year for each of the next 8 years. In year 8 the firm will also get back a cash flow equal to the salvage value of the​ equipment, which is valued at ​$1 million. ​ Thus, in year 8 the investment cash inflow totals ​$3,500,000. Calculate the​ project's NPV using a discount rate of 9 percent.