Solomon Company is considering investing in two new vans that are expected to generate combined cash inflows of $$25,500$ per year. The vans' combined purchase price is $$99,000.$ The expected life and salvage value of each are six years and $$21,200,$ respectively. Solomon has an average cost of capital of $14$ percent. $($PV of $$1$ and PVA of $$1)($Use appropriate factor$($s$)$ from the tables provided.$)$

Required

a$.$ Calculate the net present value of the investment opportunity. $($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.

$\backslash$table$[[,,],[$a$.,$Net present value,$$,9,807\mathrm{.}57$