Worldwide Scientific Equipment is considering a cash acquisition of Medical Labs for $3.0 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 Das an approximate answer, but calculate your final answer using the formula and financial calculator methods. Years 1-5 6-15 16-25 $290,000 $310,000 $350,000 34,000 44,000 64,000 Cash inflow (aftertax) Synergistic benefits (aftertax) The cost of capital for the acquiring firm is 11 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.) Net present value b. Should the merger be undertaken? O No Yes