JP Enterprise is considering the purchase of a new machine that will produce thumb drives. The new machine will require an initial investment of $150,000 and has an economic life of five years and will be fully depreciated by the straight line method. The machine will produce 20,000 thumb drives per year with each costing $1.75 to make. Each will be sold at $4.00. JP Enterprise uses a discount rate of 17 percent and has a tax rate of 28 percent. What is the NPV of the project and should JP Enterprise make the purchase.