Parkside Brewery is considering an investment in a new brewing system with the following details:

• Current equipment can be sold now for $25,000.
• New system cost: $180,000.
• Additional working capital needed: $30,000.
• Annual cash inflows: $60,000 for the first year, increasing by $10,000 annually for the next three years.
• System's lifespan: 4 years, zero disposal value.
• Required rate of return: 12%.

Requirements:

• Calculate the net present value (NPV) of the investment.
• Determine if the investment is financially viable for the brewery.