An investment that costs $32,000 will produce annual cash flows of $10,680 for a period of 4 years. Given a desired rate of return of 8%, what will the investment generate? Use Appendix Table 2. (Do not round your intermediate calculations. Round your answer to the nearest whole dollar.)

A positive net present value of $35,374.

A positive net present value of $3,374.

A negative net present value of $3,374.

A negative net present value of $35,374.