Wallowa Company is considering a long-term investment project called ZIP. ZIP will require an investment of $116,355. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,530, and annual cash outflows would increase by $41,840. The companys required rate of return is 12%. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) 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.)

Net Present Value: ???

Whether this project should be accepted?