Cullumber Industries management is planning to replace some existing machinery in its plant. The cost of the new equipment and the

resulting cash flows are shown in the accompanying table. The firm uses an $18$ percent discount rate for projects like this.

What is the NPV of this project? $($Enter negative amounts using either a negative sign preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).$

Do not round discount factors. Round other intermediate calculations and final answer to $0$ decimal places, e$.$g$.1,525.)$

The NPV is $

Should management go ahead with the project?

The firm should

the project.

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