A capital investment of Php 10,000 can be made in a project that will produce a uniform annual revenue of Php 5,310 for five years and then have a salvage value of Php 2,000. Annual expenses will be Php 3,000. The company is willing to accept any project that will earn at least 10% per year, before income taxes, on all invested capital. Show whether this is a desirable investment by using the PW method.