A marketing company intends to distribute a new product. It is expected to produce net returns of $$16,000$ per year for the first four years and $$15,000$ per year for the following three years. The facilities required to distribute the product will cost $$70,000$ with a disposal value of $$13,000$ after seven years. The facilities will require a major facelift costing $$11,000$ each after three years and after five years. If the company requires a return on investment of $10\%,$ should the company distribute the new product?

The company distribute the new product.