Digital Organics (DO) has the opportunity to invest $1.04 million now (t = 0) and expects after-tax returns of $640,000 in t = 1 and $740,000 in t = 2. The project will last for two years only. The appropriate cost of capital is 10% with all-equity financing, the borrowing rate is 6%, and DO will borrow $340,000 against the project. This debt must be repaid in two equal installments of $170,000 each. Assume debt tax shields have a net value of $0.35 per dollar of interest paid. Calculate the projects APV. Note: Enter your answer in dollars, not millions of dollars. Do not round intermediate calculations. Round your answer to the nearest whole number. Digital Organics (DO) has the opportunity to invest $1.04 million now (t=0) and expects after-tax returns of $640,000 in t=1 and $740,000 in t=2. The project will last for two years only. The appropriate cost of capital is 10% with all-equity financing, the borrowing rate is 6%, and DO will borrow $340,000 against the project. This debt must be repaid in two equal installments of $170, 000 each. Assume debt tax shields have a net value of $0.35 per dollar of interest paid. Calculate the project's APV. Note: Enter your answer in dollars, not millions of dollars. Do not round intermediate calculations. Round your answer to the nearest whole number..