Gomez is considering a $190,000 investment with the following net cash flows. Gomez requires a 15% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

	Year 1	Year 2	Year 3	Year 4	Year 5
Net cash flows	$88,000	$49,000	$82,000	$152,000	$49,000

(a) Compute the net present value of this investment. (b) Should Gomez accept the investment?

Year	Net Cash Flows	Present Value of 1 at 15%	Present Value of Net Cash Flows
Year 1
Year 2
Year 3
Year 4
Year 5
Totals
Initial investment
Net present value