Northern Tech has just signed a contract with its client and the total value is $2,000,000. Northern Tech expects to receive$500,000 down payment when the project starts (t=0) while the rest $1,500,000 will be paid by the end of year 2 when the project is completed. The initial investment requires$950,000, what is the net present value of this project if the required rate of return is 10%? (Set up a timeline with the info provided by the question first, then work out the question.)