Ivanhoe Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,100. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,100, and annual cash outflows would increase by $38,100. The company's required rate of return is 10%. Click here to view the factor table. Calculate the net present value on this project. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round present value answer to O decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value Whether this project should be accepted? The project should be accepted

Ivanhoe Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,100. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,100, and annual cash outflows would increase by $38,100. The company's required rate of return is 10%. Click here to view the factor table. Calculate the net present value on this project. (If the net present value is negative, use either a negative sizn preceding the number es 45 or parentheses eg (45). Round present value answer to 0 decimal places, eg 125. For calculation purposes, use 5 decimal places as displayed in the foctor table provided) Net present value Whether this project should be accepted? The project should be