Fijisawa Inc. is considering a major expansion of its product line and has estimated the following cash flows associated with such an expansion. The initial outlay would be

$1,900,000, and the project would generate incremental free cash flows of $600,000 per year for 6 years. The appropriate required rate of return is 8 percent.

a. Calculate the NPV. $

b. Calculate the PI. Round to 3 decimal places

c. Calculate the IRR. % Round to 2 decimal places

d. Should this project be accepted? Yes or no