Your organization is considering a project to develop a new SaaS messaging service with an expected lifetime of six years. Initial development is estimated to cost $2,000,000 in year 1, and the product is expected to produce steady net revenues of $1,000,000 per year in years 2 through 7, Finance has told you to assume an annual discount rate of 10%. What is the expected NPV of this project? Assume that any expenditures or revenues are realized at the end of their assigned years. Show your work for partial credit.