$34$ The $x$ Company will use a $0\mathrm{.}10$ discount rate in evaluating an investment that costs $$1,500,000.$ For each year of its $15-$year life, the

investment will have the following same revenues and out$-$of$-$pocket expenses. The firm uses straight$-$line depreciation. The first year's

income statement is

The company has a zero tax rate. Should the company undertake the investment?