Bramble Company is performing a post-audit of a project that was estimated to cost $438,000, have a useful life of 6 years with a zero salvage value, and result in annual net cash flows of $104,500 per year. The company's required rate of return is 10%. After the investment was in operation for a year, revised figures indicate that it actually cost $479,000, will have a 9-year useful life, and will produce annual net cash flows of $80,000. The present value of an annuity of 1 for 6 years at 10% is 4.35526 and for 9 years is 5.75902.

Calculate the net present value based on the original estimates. should the project be accepted?