Management of TSC, Inc. is evaluating a new $89,000 investment with the following estimated cash flows:

Year Cash Flow

1 $ 16,000

2 22,000

3 43,000

4 63,000

The firms cost of capital is 14 percent and the project will require that the firm spend $30,000 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?