A large retailer is considering the purchase and installation of solar collectors on the roofs of their many retail stores. For a
given store, assume that the cost of acquiring and installing these collectors and energy storage units is $3,200,000.
Assume that the cost of energy savings is estimated to be $135,000 in the first year and that these savings will grow at 5%
per year over the 25-year life of the collectors. Because this is a very low risk project and there are government loans to
encourage this type of investment, the cost of capital is 3.8%. Ignoring depreciation and taxes (until covered in chapter 8),
the net present value of this solar energy project is ___________