Please answer the following question

Bridgeport Company is considering investing in a new dock that will cost $600,000. The company expects to use the dock for 5 years, after which it will be sold for $340,000. Bridgeport anticipates annual cash flows of $150,000 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 O decimal places, eg. 5,275.) Net present value $ Indicate whether Bridgeport should make the investment. Bridgeport the project