A 4 ABC Company is studying a project that would have a five year life and 5 require a $1,600,000 Investment in the equipment. At the end of five years, the 6 project would terminate and the equipment would have no value left over. 7 The project would provide net income each year as follows: 8 9 Yr2020 Dec 31, 2020. 10 Sales 11 Less COGS 12 Gross Margin 13 14 Less: Operating Expenses 15 Advertising and other fixed exp 16 Salary Expense 17 Amortization Expense 18 Total Expenses 19 20 21 Net Income 22 23 The company's discount rate is 18% 24 25 3,200,000 300,000 2,900,000 1,200,000 1,400,000 100,000 2,700,000 200,000 26 Required: 27 Please compute the net present value of the project. is it acceptable? T U V W X Z AA AB AC AD AE