Ivanhoe Corp. management is planning to spend $650,000 on a
new marketing campaign. They believe that this action will result
in additional cash flows of $338,000 each year for three
years. If the discount rate is 17.5 percent, what is the NPV on
this project? (Enter negative amounts using
negative sign e.g. -45.25. Do not round discount factors. Round
other intermediate calculations and final answer to 0 decimal
places, e.g. 1,525.)