10 Dax Company is considering an investment with the following information. a. Compute the net present value of the investment. b. Determine whether the project should be accepted or rejected on the basis of net present value. 10 points Skipped Complete this question by entering your answers in the tabs below. Required A Required B eBook Compute the net present value of the investment. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar. Enter net cash outflows as negative values.) Print Year Present Value of Net Cash Flows References Present Value of 1 at 11% 0.9009 0.8116 0.7312 Year 1 Year 2 Year 3 Totals Initial investment Net present value Net Cash Flows $ 8,500 15,600 12,500 $ 36,600 0 (28,000) (28,000) $