Pronghorn Company is performing a post-audit of a project completed one year ago. The initial estimates were that the project would cost $555,000, would have a useful life of 9 years, zero salvage value, and would result in net annual cash flows of $103,000 per year. Now that the investment has been in operation for 1 year, revised figures indicate that it actually cost $597,000, will have a useful life of 11 years, and will produce net annual cash flows of $90,000 per year. Click here to view PV tables. Evaluate the success of the project. The company's discount rate is 10%. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.) Net present value The original project was Original estimate Revised estimate