$($Net present value calculation$)$ Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This irvestment requires an initial outiay of $$105,000$ and vill generate net cash inflows of $$16,000$ per year for $11$ years.

a$.$ What is the project's NPV using a discount rate of $8$ percent? Should the project be accepted? Why or vity not?

b$.$ What is the project's NPV using a discount rate of $14$ percent? Should the project be accepted? Why or why not?

c$.$ What is this project's intema rate of retum? Should the project be accepted? Wiy or why not?

a$.$ If the discount rate is $8$ percent, then the projects NPV is $ $($Round to the nearest dollar$)$