Blue Eagle, which currently operates a(n) dry cleaner, is considering project A, which would involve opening a(n) pet care center. For most of its existence, Blue Eagle has operated a(n) dry cleaner, pet care center, and vending machine. Project A would require an initial investment of 7,440 dollars and is expected to produce annual cash flows of 1,164 dollars each year forever with the first annual cash flow expected in 1 year. What is the NPV of project A, based on the information in this paragraph and the following table and applying the pure play approach to determining a projects cost of capital?

Firm Line of business dry cleaner Blue Eagle WACC 12.54 percent 9.31 percent Violet Sky Green Forest 14.5 percent vending machine pet care center dry cleaner, pet care center, and vending machine Indigo River 11.27 percent