Martinez Company is considering investing in a new dock that will cost $650,000. The company expects to use the dock for 5 years, after which it will be sold for $390,000. Martinez anticipates annual cash flows of $200,000 resulting from the new dock. The company's borrowing rate is 8%, while its cost of capital is 11%. Click here to view PV tables. Calculate the net present value of the dock. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 5,275.) Net present value $enter the net present value in dollars rounded to 0 decimal places Indicate whether Martinez should make the investment. Martinez select an option the project.