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Stonecreek Corporation is considering a capital investment in a new computer system for staff. The computer system would cost $253,600 and have an estimated useful

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Stonecreek Corporation is considering a capital investment in a new computer system for staff. The computer system would cost $253,600 and have an estimated useful life of 5 years. It can be sold for $49,000 at the end of the asset's useful life. The computer system is expected to increase net annual cash flows by $68,320. Its cost of capital is 10%. Present value factor of cash inflows for 5 years is 3.791. Present value factor of cash inflow for salvage value at year 5 is 0.621. What is the net present value of this investment and is the investment acceptable? $35,830; Investment should be accepted. $(67,841); Investment should NOT be accepted $5,401; Investment should be accepted. $191,600; Investment should be accepted $(30,429); Investment should NOT be accepted

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