Primus Corporation has developed a new processor that would be used by many specialty companies. It would cost $22 million at Year 0 to buy the equipment necessary to manufacture the facility and an additional $1.5 million to install this equipment. The project would require net working capital in Year 0 of 3,000,000 and then 2 percent of revenue in each of the operational years to follow (Year1 to Year 4). The processor would sell for $72,000 per unit, and Primus believes that variable costs would amount to $49,000 per unit. After Year 1, the sales price and variable costs are expected to grow at the rate of inflation 1.5% per year. The companys non-variable costs would be $3 million at Year 1 and would grow at the rate of inflation thereafter.. The processor project would have a life of 4 years. If the project is undertaken, it must be continued for the entire 4 years. Also, the project's returns are expected to be highly correlated with returns on the firm's other assets. The firm believes it could sell 550 units per year. The equipment would be depreciated over a 3-year period, using MACRS rates (33%, 44%, 15% and 8%). The estimated market value of the equipment at the end of the projects 4-year life is $375,000 but environmental close down costs are estimated at $1,250,000 (these cash flows along with WC recovery should occur in Year 5). Primus federal-plus-state tax rate is 30%. Its cost of capital is 12% for average-risk projects. Should Primus invest in the project (calculate the NPV).