A proposal to build a new emergency department has been submitted

expected annual revenue per year/5yrs 15,000,000

expected expenses per yr/5yrs 8,000,000

initial cost of building and equipment 25,000,000

salvage value at the end of 5 yrs/ 5,000,000

the land will be leased and there is a possibility that we will incur a 20% income tax rate.

Should we develop the ED? Why or why not