ABC Company has the following financial information:

• Sales Revenue: $1,000,000
• Cost of Goods Sold: $400,000
• Operating Expenses: $250,000
• Depreciation Expense: $50,000
• Interest Expense: $20,000
• Tax Rate: 35%

Assuming that ABC Company is considering an investment in a new project that requires an initial investment of $300,000 and is expected to generate annual net cash inflows of $100,000 for the next five years, should the company accept the project? Use the net present value (NPV) method and assume a discount rate of 10%.