Gamma corp. is considering an investment opportunity with the expected net cash inflows of $300,000 for four years. Residual value of the investment would be $70,000. The company uses a discount rate of 14% , and the initial investment is $290,000. Calculate the NPV of the investment and indicate if the investment should be made or not. Present value of annuity of $1: 12% 13%. 14% 15% 1.) 0.893 0.885 0.877 0.87 2.) 1.69 1.668 1.647 1.626 3.) 2.402 2.361 2.322 2.283 4.) 3.037 2.974 2.914 2.855 5.) 3.605 3.517 3.433 3.352 Present value of $1: 12% 13%. 14% 15% 1.) 0.893 0.885 0.877 0.87 2.) 0.797 0.783 0.769 0.756 3.) 0.712 0.693 0.675 0.658 4.) 0.636 0.613 0.592 0.572 5.) 0.567 0.543 0.519 0.497