Crane Company is considering a long$-$term investment project called ZIP. ZIP will require an investment of $$131,000.$ It will have a useful life of $4$ years and no salvage value. Annual cash inflows would increase by $$79,000,$ and annual cash outflows would increase by $$38,100.$ The company's required rate of return is $9\%.$

Click here to view the factor table.

Calculate the net present value on this project. $($If the net present value is negative, use either a negative sign preceding the number $($e$.$g$.,-45)$ or parentheses $($e$.$g$.,(45)).$ For calculation purposes, use five decimal places as displayed in the factor tablf provided. Round net present value answer to whole number $($e$.$g$.,125).)$

Net present value

$

Whether this project should be accepted?

The project should be

accepted

rejected