A company has to make a decision about expanding its production facilies. Research indicates that the desired expansion would require an immediate outiay of $70,000 and an outlay of a further $80,000 in 6 years. The net cash returns are shown belaw. Find the net present value of the projoct. According to the net present value criterion, should the axpansion project be undertaken if the required rate of return is 12% ? The net present value of the exparsion project is \$ (Round the final answer to the nearest dollar as needed. Round all intermediate values to sox decimal places as needed.) The project should be