You have recently commenced working for Aber Co and are reviewing a three-year project which the company is considering for investment. Based on the inputs given by the sales team, the expected sales in the first year is AED10 million and the sales will grow at a rate of 25% and 15% in the subsequent years. Operating expenses, which were expected to average 55 percent of sales, would then be subtracted to determine earnings before depreciation and taxes. The primary investment to be made was machine and equipment, which would fall into the three-year MACRS depreciation category. The machine and equipment, which represent the investment for the project, costs AED12 million. Other similar projects are appraised using a 11% discount rate. Make a decision on whether the project is feasible, based on net present value analysis. Assume a tax rate of 30%. Round up your answers to the nearest thousand