Current Attempt in Progress Culver Company is considering investing in a new dock that will cost $750,000. The company expects to use the dock for 5 years, after which it will be sold for $490,000. Culver anticipates annual cash flows of $300,000 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 O decimal places, e.g. 5,275.) Net present value $ Indicate whether Culver should make the investment. Culver Save for Later the project. Attempts: 0 of 1 used Submit