Project Life

This is the question right?:

CJ Co is considering an investment project, as follows. Project A This project is an expansion of existing business costing $3.5 million, payable at the start of the project, which will increase annual sales by 750,000 units. Information on unit selling price and costs is as follows: Selling price: $2.00 per unit (current price terms) Selling costs: $0.04 per unit (current price terms) Variable costs: $0.80 per unit (current price terms) Selling price inflation and selling cost inflation are expected to be 5% per year and variable cost inflation is expected to be 4% per year. Additional initial investment in working capital of $250,000 will also be needed and this is expected to increase in line with general inflation. Other information CJ Co has a nominal weighted average after-tax cost of capital of 10% and pays profit tax one year in arrears at an annual rate of 30%. The company can claim tax-allowable depreciation on a 25% reducing balance basis on the initial investment. General rate of inflation: 4.5% per year
Required Calculate the net present value of Project A and advise on its acceptability if the project were to be appraised using this method.