Raphael Restaurant is considering the purchase of a $27,900 souffl maker. The souffl maker has an economic life of 9 years and will be fully depreciated by the straight-line method. The machine will produce 1,980 souffls per year, with each costing $1.4 to make and priced at $9. Assume that the discount rate is 14 percent and the tax rate is 34 percent.

Required:
(a)	What is the operating cash flow of the project? (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16))

OCF

$

(b)	What is the NPV of the project? (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. (e.g., 32.16))

NPV

$

(c)	Should Raphael make the purchase?