The Branding Iron Company sells its irons for $$57$ apiece wholesale. Production cost is $$47$ per iron. There is a $32\%$ chance that wholesaler Q will go bankrupt within the next eight months. Q orders $1,000$ irons and asks for eight months$$ credit. Assume that the discount rate is $12\%$ per year, there is no chance of a repeat order, and Q will pay either in full or not at all.

Calculate the NPV of the order.

Should you accept the order?