Penny Worth Productions is evaluating a film project. The president of Penny Worth estimates that the film will cost $15.000.000 to i produce. In its first year, the film is expected to generate $16,701,000 in net revenue, after which the film will be released to videa, Video is expected to generate $10,349,000 in net revenue in its first year, $2,436,100 in its second year, and $1,029,300 in its third year. For tax purposes, amortization of the cost of the film will be $9,000,000 in year i and $c.coo, ooc in year 2. The company's tax rate is 35 percent, and the company requires a 11 percent rate of return on its films. Click here to view factor tables What is the net present value of the film project? To simplify assume that all outlays to produce the film occur at time 0. (Round present value factor calculations to 4 decimal places, eg: 1.2151 and final answer to O decimal places, es 125. Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses eg. (451) The net present value S Should the company produce the film? The company produce the film. should should not