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Ivanhoe Company is pertorming a post-audit of a project completed one year ago. The initial estimates were that the project would cost $245,000, would have a useful life of 9 years and zero salvage value, and would result in net annual cash flows of $43.300 per vear. Now that the investment has been in operation for 1 year, revised figures indicate that it actually cost $253,000, will have a total useful life of 11 years (including the year just completed). and will produce net annual cash flows of $36,500 per year. Click here to vew PV table Evaluate the success of the project. Assume a discount rate of 9 . (lf the net liresent value is negative, use either a negative sign preceding the number es - 45 or parentheses ea (45). Round present value answers to 0 decimal places, e.g. 125 . For calculation purposes, use 5 decimal places as disployed in the factor table provided.) Original estimate net present value 5 Revised estimate net present value The project a success