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Required information [The following information applies to the questions displayed below.] A company is investing in a solar panel system to reduce its electricity costs.

image text in transcribed Required information [The following information applies to the questions displayed below.] A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of \\( \\$ 111,174.60 \\) today. The system is expected to generate net cash flows of \\( \\$ 9,539 \\) per year for the next 35 years. The investment has zero salvage value. The company requires an \7 return on its investments. 1-a. Compute the net present value of this investment. (PV of \\( \\$ 1 \\), \\( \\mathrm{FV} \\) of \\( \\$ 1 \\), PVA of \\( \\$ 1 \\), and the tables provided. Round your present value factor to 4 decimals.) 1-b. Should the project be accepted? (Use appropriate factor(s) from Complete this question by entering your answers in the tabs below. Compute the net present value of this investment. *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted

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