Dax Company is considering an investment with the following information. a. Compute the net present value of the investment. b. Determine whether the project should be accepted or rejected on the basis of net present value.

Dax Company is considering an investment with the following Information. a. Compute the net present value of the investment b. Determine whether the project should be accepted or rejected on the basis of net present value. Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of the investment (Do not round intermediate calculations. Round your final answers to the nearest whole dollar. Enter net cash outflows as negative values.) Year Net Cash Present Value Present Value of Flows of 1 at 13% Net Cash Flows $ 0.8850 Year 1 8.800 Year 2 Year 3 Totals Initial investment Net present value 10.800 12.800 32.400 0.7831 0.6931 $ (27,000)