Perez Company is considering investing in two new vans that are expected to generate combined cash inflows of $27,000 per year. The vans' combined purchase price is $91,500. The expected life and salvage value of each are six years and $21,800, respectively. Perez has an average cost of capital of 12 percent. (PV of $1 and PVA of $1) Note: Use appropriate factor(s) from the tables provided. Required a. Calculate the net present value of the investment opportunity. Note: Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to 2 decimal places. b. Indicate whether the investment opportunity is expected to earn a return that is above or below the cost of capital and whether it should be accepted. Answer is complete but not entirely correct. a. Net present value $ (63,444.02) b. Will the return be above or below the cost of capital? b. Should the investment opportunity be accepted? Above Accepted