Sheffield Company is performing a post-audit of a project completed one year ago. The initial estimates were that the project would cost $570,000, would have a useful life of 9 years, zero salvage value, and would result in net annual cash flows of $106,000 per year. Now that the investment has been in operation for 1 year, revised figures indicate that it actually cost $618,000, will have a useful life of 11 years, and will produce net annual cash flows of $93,000 per year. TABLE 3 Present Value of 1 (n) TABLE 4 Present Value of an Annuity of 1 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.)