A store will cost $950,000 to open. Variable costs will be 34% of sales and fixed costs are $150,000 per year. The investment costs will be depreciated straight-line over the 12 year life of the store to a salvage value of zero. The opportunity cost of capital is 6% and the tax rate is 30%. Sales revenue is $700,000 per year.

Using an operating cash flow of 242,150, calculate the Net Present Value. Should the store be opened?