Mark Santos is considering opening a Gaming Store. His initial investment would be $50,000 to purchase equipment and furnishings and $100,000 for inventory and $13,000 for working capital. Rent on the building will be $25,000 per year. In addition to rent, other annual cash outflows for operating costs will amount to $44,000. Mark estimates that the annual cash inflow from the business will amount to $100,000. Mark plans to operate the business for six years. He will then sell all the equipment and furnishings for 10% of the original cost. Mark's discount rate is 15%.

Would you advise Mr. Santos to open the Gaming Store? Show computations using the net present value method of investment analysis. Round all dollar figures to the nearest whole dollar.