Johnson Company is considering an investment opportunity with the following expected net cash inflows: Year 1, \$260,000; Year 2, \$160,000; Year 3, $105,000. The company uses a discount rate of 8% and the initial investment is $345,000. Calculate the NPV of the investment. Should the company invest in the project? Why or why not? View the Present Value of $1 table. View the Present Value of Ordinary Annuity of $1 table. Use the following table to calculate the net present value of the project. (Enter any factor amounts to three decimal places, X.XXX.)