Sanders Enterprises, Inc., has been considering the purchase of a new manufacturing facility for $274,000. The facility is to be fully depreciated on a straight-line basis over seven years. It is expected to have noresale value after the seven years. Operating revenues from the facility are expected to be $109,000, innominal terms, at the end of the first year. The revenues are expected to increase at the inflation rate of 4percent. Production costs at the end of the first year will be $34,000, in nominal terms, and they areexpected to increase at 5 percent per year. The real discount rate is 7 percent. The corporate tax rate is 39percent. Sanders has other ongoing profitable operations. Calculate the NPV of the project. (Do not round intermediate calculations and round your final answer to 2 decimal places, (e.g., 32.16)) NPV $ _______ Should the company accept the project? Reject Accept