An initial investment of $110,000 results with the following cash inflows: Present value of $1

Period		9%	10%	11%
1		0.91743	0.90909	0.9009
2		0.84168	0.82645	0.81162
3		0.77218	0.75131	0.73119
4		0.70843	0.68301	0.65873
5		0.64993	0.62092	0.59345
Present value of an ordinary annuity of $1
Period		9%	10%	11%
1		0.91743	0.90909	0.9009
2		1.75911	1.73554	1.71252
3		2.53129	2.48685	2.44371
4		3.23972	3.16987	3.10245
5		3.88965	3.79079	3.6959
		Net Cash Flow
Year 1		$70,000
Year 2		$70,000
Year 3		$70,000

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.