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Imperial Cameras Inc. is considering the purchase of a $10,100 panoramic camera. The panoramic camera has an economic life of four years and will be

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Imperial Cameras Inc. is considering the purchase of a $10,100 panoramic camera. The panoramic camera has an economic life of four years and will be fully depreciated by the straight-line method. The machine will produce 2,050 professional pictures per year, with each costing $2.45 to make and priced at $5.30. Assume that the discount rate is 14 percent and the tax rate is 21 percent. What is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV Should the company make the purchase? O No Yes

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