The Ham and Egg Restaurant is considering an investment in a new oven that has a cost of $58,000, with annual net cash flows of $9,900 for 8 years. The required rate of return is 3%. (Click here to see present value and future value tables) A. Compute the net present value of this investment. Round your present value factor to three decimal places and final answer to the nearest dollar. B. Determine whether or not you would recommend that Ham and Egg invest in this oven. The Ham and Egg should invest in this oven. Feedback Check My Work Remember that there are two types of cash flows you are working with in this scenario. Use the appropriate tables (as applicable) for each corresponding cash flow. The sum of the cash flows after applying the factors is the net present value. Check My Work Previous