An airline is considering a project of replacement and upgrading of machinery that would improve efficiency. The new machinery costs $300 today and is expected to last for 5 years with no salvage value. Straight line depreciation will be used. Project inflows connected with the new machinery will begin in one year and are expected to be $200 each year for 5 consecutive years and project outflows will also begin in one year and are expected to be $100.00 each year for 5 consecutive years. The corporate tax rate is 32% and the required rate of return is 6%. Calculate the project's net present value. Given your estimate of the NPV, should you accept or reject the project?