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A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $$125,374\mathrm{.}60$ today. The system is expected to generate net cash flows of $$13,000$ per year for the next $35$ years. Th investment has zero salvage value.

QS $24-15$ Net present value LO P$3$

The company requires an $8\%$ return on its investments.

$1-$a$.$ Compute the net present value of this investment. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use appropriate factor$($ the tables provided.$)$

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