A company has to make a decision about expanding its production facilities Research indicates that the desired expansion would requre an immediate out of $120,000 dan out of a further $60,000 in 4 years. The net cash returns are shown below. Find then present value of the project According to the not presentaron should the expansion project be undertaken the required rate of return is 11% Year 1 to Year 5 $26.000 per year Year 6 to Year 9 $37 000 per your The not present value of the expansion project is $ (Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as needed) The project should be accepted