Question: A project with a three-year life and an initial startup cost of $56,000 generates an after-tax profit of $83,250 at the end of year 3.

A project with a three-year life and an initial startup cost of $56,000 generates an after-tax profit of $83,250 at the end of year 3. If the discount rate is 18%, what is the NPV of the project? Should you accept or reject? Round your final answer to the nearest whole dollar. For example, $1,234.56 is $1,235.

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