Lancaster Medical centre is studying a project that would have an eight-year life and require a $2,100,000 to be invested in equipment. At the end of eight years, the project would terminate and the equipment would have no salvage value. The project would provide net cash-in each year $500,000. The interest rate is 18%. Required: A. Compute the present value of net annual cash inflow from the project B. Is the project acceptable?