Felix Enterprise is a small retail business which specialises in childrens clothing. The company is considering buying a cash register software so that it can effectively deal with its retail sales. The software package costs GHS 750,000 and will be depreciated down to zero using straight line method over its five-year economic life. The marketing department of the company predicts sales will be GHS 600,000 per year for the next three years, after which the market will cease to exist. Cost of goods sold and operating expenses are predicted to be 25 percent of sales. After three years, the software can be sold for GHS 40,000. Felix Enterprise also needs to add net working capital of GHS 25,000 immediately. The additional net working capital will be recovered in full at the end of the projects life. The Finance department of the company has indicated that the companys marginal tax rate is 35% and the project has a beta of 1.25. The current risk free rate is 14.75% and the market return for such project is 21%. Using the NPV method, determine whether Felix Enterprise should purchase this software.