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Sheridan Corp. is thinking about opening a soccer campin southern California. To start the camp, Sheridan would need to purchase land and build four soccer

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Sheridan Corp. is thinking about opening a soccer campin southern California. To start the camp, Sheridan would need to purchase land and build four soccer frelds and a sleeping and dining facility to house 150 soccer players. Each year, the camp would be run for 8 sessions of 1 week each. The company would hire college soccer players as coaches. The camp attendees would be male and female. soccer players ages 12 - 18. Property values in southern California have enjoyed asteady increase in value. It is expected that after using the facility for 20 years. Sheridan can sell the property for more than it was originally purchased for. The following amounts have been estimated. To gauge the sensitivity of the project to these estimates, assume that if only 125 players attend each week, annual cash inflows will be $845,250 and annual cash outflows will be $787,500. What is the net present value using these alternative estimates? (If the net present volue is negative, use either a negative sign preceding the number eg. 45 or parentheses eg. (45). Round answer to 0 decimal places, eg. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided) Netpresent value $ Should the project be accepted? The profect should be

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