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Current Attempt in Progress Pharoah Company accumulates the following data concerning a proposed capital investment: cash cost $170,800, net annual cash flows $35,000, and

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Current Attempt in Progress Pharoah Company accumulates the following data concerning a proposed capital investment: cash cost $170,800, net annual cash flows $35,000, and present value factor of cash inflows for 10 years is 5.22 (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 be made.

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