Brief Exercise 26-6 Quillen Company is performing a post-audit of a project completed one year ago. The initial estimates were that the project would cost $224,418, would have a useful life of 9 years, zero salvage value, and would result in net annual cash flows of $44,900 per year. Now that the investment has been in operation for 1 year, revised figures indicate that it actually cost $227,644, will have a total useful life of 11 years, and will produce net annual cash flows of $37,500 per year.Click here to view PV table Evaluate the success of the project. Assume a discount rate of 12%. (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg (45). Round present value answers to o decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Original estimate net present value Revised estimate net present value The projec" Ta success. la not By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 2 used