Analyze the project by net future value $($NFV$)$ and accept$/$reject the project based on whether the NFV is positive or

negative.

Initial Investment: $$350,000$

Project Life: $,10$ years

Salvage Value: $,$$$65,000$

Annual Receipts: $$70,000$

Annual Disbursements: $$32,000$

Annual Interest Rate: $8\%$