16.2.B.3 Question Help o A company is developing a special vehicle for Arctic exploration. The development requires an initial investment of $60,000 and investments of $51,000 and $40,000 for the next two years, respectively. Net returns beginning in Year 4 are expected to be $31,000 per year for 12 years. If the company requires a rate of return of 12%, compute the net present value of the project and determine whether the company should undertake the project. The net present value of the project is $ (Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as needed.)