Winn Corp. currently sells 9,820 motor homes per year at $45,500 each, and 3,680 luxury motor coaches per year at $89,700 each. The company wants to introduce a new portable camper to fill out its product line and this new line will be kept for five years. It hopes to sell 3,000 of these campers per year at $14,750 each. An independent consultant has determined that if the new campers are introduced, sales of its existing motor homes will most likely increase by 250 units per year while the sales of its motor coaches will probably decline by 368 units per year. Variable costs for this new line will run about $6,900 per camper, and fixed costs for the new line will run $550,000 per year. To build the new line, the company will expand on some land that it currently owns. The initial cost of the land was $364,500 and it is currently valued at $357,900. The company has some unused equipment that it currently owns valued at $109,000 that could be used for this new line if $18,200 is spent for equipment modifications. Further, the company will need to invest a total of $2,050,000 in new manufacturing equipment, which is seven-year MACRS property for tax purposes. In five years, the equipment will be worth about one fourth of what we paid for it. The land can be sold for $450,000 after taxes when the line is closed. At the beginning of the project, inventories will increase by $942,000, and accounts payable will increase by $210,200. After that, net working capital requirements will be 2 percent of the camper sales every year. All additional investments in net working capital will be recovered at the end of the project. The required rate of return is 16 percent and the tax rate is 21 percent. What is the projects PI? Should the project be accepted based on PI?