S QS 24-14 (Algo) Net present value of an annuity LO P3 Pena Company is considering an investment of $30,490 that provides net cash flows of $8,800 annually for four years. (a) If Pena Company requires a 5% return on its investments, what is the net present value of this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) (b) Based on net present value, should Pena Company make this investment? Complete this question by entering your answers in the tabs below. Required A Required B What is the net present value of this investment? Net Cash Flows x PV Factor = Years 1-4 $ 8,800 x Net present value Required A II Present Value of Net Cash Flows S 0 Required B >