Park Co. is considering an investment that requires immediate payment of $21,530 and provides expected cash inflows of $6,500 annually for four years. Assume Park Co. requires a 7% return on its investments.

1. What is the net present value of this investment?

1-b. Based on NPV alone, should Park Co invest?

Complete this question by entering your answers in the tabs below. Required 1A Required 1B What is the net present value of this investment? Cash Flow Select Chart Amount X PV Factor = Present Value Annual cash flow 0 Net present value