A business opportunity has presented itself to you and one of your classmates. Your opportunity is to enter the fast$-$growing craft beer industry. Your projected sales in the first year is $8300$ kegs. Your projected growth rate is $5$ percent. Entering the business will require $$35,000$ of net working capital. Total fixed costs are $$95,000.$ Variable production costs are $$36$ per keg and keg sales are priced at $$57$ each. The equipment to begin production is $$175,000.$ The equipment will be depreciated using straight line depreciation over a five year life and has no salvage value. The tax rate is $35$ percent and the required return is $26$ percent. What is the NPV of the project and should you pursue the project?

Group of answer choices

$-$$$2,082\mathrm{.}17$ No$,$ do not take the project.

$-$$$39,007\mathrm{.}72$ No$,$ do not take the project.

$-$$$6,728\mathrm{.}10$ No$,$ do not take the project.

$-$$$12,273\mathrm{.}57$ Yes, take the project. $*$show working$*$