Buckeye Healthcare Corp. is proposing to spend $154,715 on a project that has estimated net cash flows of $29,000 for each of the next eight years. Compute the net present value, using a rate of return of 12%. Use the table of present values of an annuity of $1 presented above. If required, use the minus sign to indicate a negative net present value. Present value of annual net cash flows Amount to be invested Net present value