3. The AAA Ine is considering a new project with revenue of $578,000 in perpetuity. The operating costs are 68 percent of the revenue. The initial cost of the investment is $685,000. The tax rate is 25 percent and the unlevered cost of equity is 15.2 percent. The AAA is financing $300,000 of the project cost with debt. What is the adjusted present value of the project