$($Net present value calculation$)$ Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping

machine. This investment requires an initial outlay of $$90,000$ and will generate net cash inflows of $$19,000$ per year for $11$

years.

a$.$ What is the project's NPV using a discount rate of $11$ percent? Should the project be accepted? Why or why not?

b$.$ What is the project's NPV using a discount rate of $13$ percent? Should the project be accepted? Why or why not?

c$.$ What is this project's internal rate of return? Should the project be accepted? Why or why not?

a$.$ If the discount rate is $11$ percent, then the project's NPV is $$.($Round to the nearest dollar.$)$