Sunland Company is considering a long$-$term investment project called ZIP. ZIP will require an investment of $$122,100.$ It will have a useful life of $4$ years and no salvage value. Annual cash inflows would increase by $$80,500,$ and annual cash outflows would increase by $$39,800.$ The company's required rate of return is $12\%.$ 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.$)$

Net present value

Whether this project should be accepted?

The project should be

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