You are offered the chance to participate in a project that produces the following cash flows:

The internal rate of return is $14\mathrm{.}5\%.$

a$.$ If the opportunity cost of capital is $13\%,$ what is the net present value of the project?

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to

$2$ decimal places.

Net present value

b$.$ Will you accept the offer?

Yes

No