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Cullumber Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,300, It will have a useful life of 4

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Cullumber Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,300, It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,300, and annual cash outflows would increase by $40,300. 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 elther a negative sign preceding the number e 45 or parentheses eg (45). Round present value answer to 0 decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the foctor table provided) Net present value Whether this project should be accepted? The project should be

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