A company invests in new machinery € 1,000,000, and it immediately starts to produce 5,000 units of a product starting the year of investment, sales grows each year by 10%. One unit of the product is expected to be sold for € 400 and it is expected to have cash expenditures € 300 per one unit. The project's life is expected to be 6 years. The cost of capital is 10% and the marginal tax rate is 25%. What is the NPV of the investment?