You are considering undertaking an entrepreneurial venture to create high end customized COVID face masks. The project is expected to last three years. Assume that your discount rate is 8%, and that the cost for equipment is $350,000. The CCA rate for the equipment is 20%, and the equipment is expected to have a salvage value of $100,000 at the end of the project. The tax rate is 25%. Upfront working capital needs are expected to be $80,000, and will be 15% of sales thereafter. All working capital is expected to be recovered at the end of the project. The initial selling price of the masks are expected to $28. The initial variable costs to manufacture the masks are expected to be $18 per mask, while fixed costs for the first year are expected to be $400,000. While you expect you will need to keep the selling price of the masks fixed at $28 for all three years, the variable costs and the fixed costs are expected to increase 10% per year. First year unit sales are expected to be 100,000 units, but this will decrease by 10% per year due to declining demand. What is the Net Present Value of this proposed venture and should you enter into it?