The Horizon Company will invest $98,000 in a temporary project that will generate the following cash inflows for the next three years. Year Cash Flow 1 $35,000 2 32,000 78,000 3 The firm will also be required to spend $17,000 to close down the project at the end of the three years. a. Compute the net present value if the cost of capital is 8 percent. (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? Yes No