Birinc. is considering investing in a new project Details are as follows: Purchase price of new project machinery Previously paid travel costs to research new machinery Additional project working capital requirements Estimated salvage value of machine at end of 4th year Working capital released at end of 4th year PV of CCA tax shield (PVCAATS from new machine Additional annual interest costs as a result of the new project Incremental annual end-of-year revenues generated by project Incremental annual end-of-year expenses generated by project Term of project $1,950,000 20,000 100,000 500,000 100,000 448.500 30,000 800,000 350.000 4 years The company's corporate income tax rate is 30%, and its cost of capital is 10.75% Required: Determine the NPV of the project and whether Bremer should accept it