Please provide accurate calculation( do not use any Ai software to solve)

3. The Adam Corporation is evaluating a project to setup a plant to manufacture electronic gadges. According to the CFO, the business appears to be profitable with growth opportunities. The project will provide a net cash inflow of $250,000 for the firm during the first year. Cash flows are projected to grow at a rate of 2.8 percent per year forever. The project requires an initial investment of $3,700,000. A) If the company requires a return of 9 percent on such projects, should the business be started? B) Provide your analysis to justify your position