Chauhan Restaurant is considering the purchase of a souffl$$ maker that costs $$9,500.$ The souffl$$ maker has an economic life of $5$ years and will be fully depreciated by the straight$-$line method. The machine will produce $1,700$ souffl$$s per year, with each costing $$2\mathrm{.}70$ to make and priced at $$4\mathrm{.}70.$ The discount rate is $11$ percent and the tax rate is $24$ percent What is the NPV of the project? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,3216.)$

NPV

Should the company make the purchase?

No

Yes