Chauhan Restaurant is considering the purchase of a souffl$$ maker that costs $$10,400.$ The souffl$$ maker has an economic life of $7$ years and will be fully depreciated by the straight$-$line method. The machine will produce $1,200$ souffl$$s per year, with each costing $$2\mathrm{.}60$ to make and priced at $$4\mathrm{.}95.$ The discount rate is $10$ percent and the tax rate is $23$ percent. What is the NPV of the project? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Should the company make the purchase?

multiple choice

Yes

No