A project requires an investment of MUR $200,000.$ A risk$-$free $8\%$ rate of return is expected. The future cash flows of the project are $1$st year MUR $50,000$; $2$nd year MUR $60,000$; $3$rd year MUR $80,000$; $4$th year MUR $70,000$; and $5$th year MUR $40,000.$ Calculating the NPV of each of the future cash flow, arrive at the project selection decision giving justifications.