A safety project is being evaluated. Two levels of performance are considered feasible. The estimated probabilities of each pertormance level and the estimated before-tax cost savings in the first vear are shown in the following table

Assume the following: - The Initial capital investment is $150,000. - 80% of the capital investment accounts for depreciable property, which will be depreciated using MACRS GDS 3-year recovery period. - The before-tax cost savings are estimated to increase 8% per year after the first year. - The MARR after taxes is 12% per year; the analysis period is 5 years; salvage value is 0 . - The effective income tax rate is 40%. Based on E(PW) and after-tax analysis, should the project be implemented