Can you please give detailed solution

Gisi Limited is considering an investment proposal that requires an initial outlay of $50,000. The investment has an estimated useful life of 5 years after which it is expected to realise $5,000 as a residual value. The net operating cash flows of the investment are expected to be $16,000 in each of the five years. Gisi Ltds weighted average cost of capital (WACC) is 14%.

Advise Gisi Limited whether or not they should precede with the investment proposed, showing appropriate calculations to support your answer.