Wildhorse Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $228,365 and have an estimated useful life of 12 years. It can be sold for $63,000 at the end of that time. (Amusement parks need to rotate exhibits to keep people interested.) It is expected to increase net annual cash flows by $30,000. The companys borrowing rate is 8%. Its cost of capital is 10%.

Calculate the net present value of this project to the company and determine whether the project is acceptable