A project costs $400000 today and is expected to return 11% before corporate income taxes. The appropriate after-tax cost of capital is 9%, and the firm pays taxes at the marginal rate of 40%. What is...

A project costs $400000 today and is expected to return 11% before corporate income taxes.  The appropriate after-tax cost of capital is 9%, and the firm pays taxes at the marginal rate of 40%.  What is this projectʹs NPV?  Round your answer to the nearest dollar.

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