Worldwide Scientific Equipment is considering a cash acquisition of Medical Labs for $2.2 million. Medical Labs will provide the following pattern of cash inflows and synergistic benefits for the next 25 years. There is no tax loss carryforward. Use Appendix D as an approximate answer, but calculate your final answer using the formula and financial calculator methods." The cost of capital for the acquiring firm is 12 percent. a. Compute the net present value. (Negative amount should be indicated by a minus sign. Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your final answer to 2 decimal places.) b. Should the merger be undertaken? No Yes