Springfield Memorial Hospital has an MRI on site but is considering purchasing a mobile MRI to expand its outreach. The initial five-year project cash flow, discounted at the corporate cost of capital of 4.50%, showed a positive NPV of $500,000. Subsequent market research revealed that the mobile MRI would reduce volume at the hospital MRI. Net cash losses due to this lost volume for the five years are projected at:

Year 1 - $125,000

Year 2 - $150,000

Year 3 - $175,000

Year 4 - $200,000

Year 5 - $225,000

Does the project still make financial sense given these losses?