A marketing company intends to distribute a new product. It is expected to produce net returns of $$$$17$ comma $000$ per year for the first four years and $$$$10$ comma $000$ per year for the following three years. The facilities required to distribute the product will cost $$$$50$ comma $000$ with a disposal value of $$$$10$ comma $000$ after seven years. The facilities will require a major facelift costing $$$$13$ comma $000$ each after three years and after five years. If the company requires a return on investment of $12\%,$ should the company distribute the new$$ product?

Question content area bottom

Part $1$

The company

$$

distribute the new product.