Farm Fresh, Inc is introducing No-Scents Cow Manure, a real agricultural breakthrough, for a more pleasant fertilizing experience. The new dung can be purchased in 100 lb. bags for $20. The complex equipment needed to de-funk and package the new product will cost $200,000 and can be depreciated straight-line over the 4-year project life. After its useful life, the equipment will be given as a gag gift to an up and coming star in Hollyweird (hence, it has no salvage value). Variable costs will run $5 per bag and fixed costs will be $20,000 per period. The initial net working capital requirement is $20,000 and will run at 10% of sales thereafter. You expect the following sales patterns over the 4-year life of the project: 5,000 units in year 1; 10,000 units in year 2; 10,000 units in year 3; and 5,000 units in year 4. The firm's cost of capital is 18%, since the project is fairly risky. The firm's tax rate is 40%. Compute the project operating cash flows, NPV, IRR and payback. Should it be taken? Why or why not?