Piping Hot Food Services $($PHFS$)$ is evaluating a capital budgeting project that costs $$84,000.$ The project is expected to generate after$-$tax cash flows equal to $$27,500$ per year for four years. PHFS$\text{'}$s required rate of return is $12$ percent.

a$.$ Compute the project's net present value $($NPV$).$ Do not round intermediate calculations. Round your answer to the nearest cent. Use a minus sign to enter a negative value, if any

b$.$ Compute the project's internal rate of return $($IRR$).$ Round your answer to two decimal places.

c$.$ Should the project be purchased?