Sun corporation is evaluating a proposed capital budgeting project that will require an initial investment of $148000. The project is expected to generate the following net cash flow: Year 1 $41,800

Year 2 $51,200

Year 3 $47,100

Year 4 $45,400

a. Assume the desire rate of return on a project of this type is 11%. what is the net present value of this project?

b. Suppose Sun Corp has enough capital to fund the project and the project is not competing for funding with other projects. Should Sun Corp enterprises accept or reject this project?