Blue Spruce Company is considering investing in a new dock that will cost $580,000. The company expects to use the dock for 5 years. after which it will be sold for $320,000. Blue Spruce anticipates annual cash flows of $130,000 resulting from the new dock. The company's borrowing rate is 8%, while its cost of capital is 11%. Click here to view PV tables. Calculate the net present value of the dock. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, eg. 5,275.) Net present value Indicate whether Blue Spruce should make the investment. Blue Spruce the project