Management of TSC, Inc. is evaluating a new $78,000 investment with the following estimated cash flows:

Year	Cash Flow
1	$	16,000
2		28,000
3		48,000
4		68,000

The firms cost of capital is 12 percent and the project will require that the firm spend $28,000 to terminate the project. Use Appendix B to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar.

The NPV of the investment is $ .

Should the firm make the investment?

The firm -Select-shouldshould notItem 2 make the investment.