Cullumber Company accumulates the following data concerning a proposed capital investment: cash cost $239,640, net annual cash flows $41,000, and present value factor of cash inflows for 10 years is 6.14 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45).) Determine the net present value, and indicate whether the investment should be made. Net present value The investment $ eTextbook and Media Save for Later V be made. Attempts: 0 of 4 used Submit Answer

Cullumber Company accumulates the following data concerning a proposed capital investment: cash cost $239,640, net annual cash flows $41,000, and present value factor of cash inflows for 10 years is 6.14 (rounded). (ff the net present value is negotive, use either a negative sign preceding the number eg -45 or parentheses ed (45)) Determine the net present value, and indicate whether the investment should be made. Net present value $ The investrment be made