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10 pt Chiu Company accumulates the following data concerning a proposed capital investment: cash cost $610,600, net annual cash flows $123,878 and present value

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10 pt Chiu Company accumulates the following data concerning a proposed capital investment: cash cost $610,600, net annual cash flows $123,878 and present value factor of cash inflows for 7 years is 5.206 (assuming the expected rate of return on this purchase is 8%). Round net present value to 0 decimal place such as 20. For any negative net present value, use either a negative sign preceding the number as -30 or parentheses as (30). Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar sign. Determine the net present value, and indicate whether the investment should be made. Net Present Value: $ Net investment be made. (Write either should or should not)

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