Pina Colada Company is performing a post-audit of a project that was estimated to cost $492,000, have a useful life of 6 years with a rero salvage value, and result in annual net cash flows of $118.000 per year. The company's required rate of return is 100 . After the investment was in operation for a year, revised figures indicate that It actually cost $538,000, will have a 9 year useful life, and will produce annual net cash flows of 589,000 . The present value of an annuity of 1 for 6 years at 10% is 4,35526 and for 9 years 15 5.75902 Click here to view PV tables. (a) Calculate the net present value tused on the original estimates. (For colculatien purpases, use 5 decimal places as displayed in the factor table previled. Round answer to 0 decimal places, e.g 5.275.) Net present value Deterinine whether the project should have been accepted