Sandhill Company is considering a long$-$term investment project called ZIP. ZIP will require an investment of $$130,000.$ It will have a useful life of $4$ years and no salvage value. Annual cash inflows would increase by $$80,600,$ and annual cash outflows would increase by $$38,300.$ The company's required rate of return is $11\%.$ Click here to view the factor table.

Calculate the net present value on this project. $($If the net present value is negative, use either a negative sign preceding the number eg $-45$ or parentheses eg $(45).$ Round present value answer to $0$ decimal places, e$.$g$.125.$ For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

Netpresent value

Whether this project should be accepted?

The project should beN