An initial investment of $110,000 results with the following cash inflows: Present value of $1 Period 9% 10% 11% 0.91743 0.90909 0.9009 2 0.84168 0.82645 0.81162 3 0.77218 0.75131 0.73119 0.70843 0.68301 0.65873 5 0.64993 0.62092 0.59345 Present value of an ordinary annuity of $1 Period 1 2 3 4 5 9% 0.91743 1.75911 2.53129 3.23972 3.88965 10% 0.90909 1.73554 2.48685 3.16987 3.79079 11% 0.9009 1.71252 2.44371 3.10245 3.6959 Year 1 Year 2 Year 3 Net Cash Flow $50,000 $50,000 $50,000 What is the net present value of this investment if 10% is the hurtle rate and should this investment be chosen? You must show your computation (NOT ON SCRAP PAPER) in order to receive credit, no partial credit given