The Horizon Company will invest $71,000 in a temporary project that will generate the following cash inflows for the next three years. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year 1 2 3 Cash Flow $ 20,000 33,000 40,000 The firm will also be required to spend $20,000 to close down the project at the end of the three years. a. Compute the net present value if the cost of capital is 12 percent. Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places. Net present value b. Should the investment be undertaken? 00 No Yes