Woods Company accumulates the following data concerning a proposed capital investment: cash cost $650,109, net annual cash flows $123,878 and present value factor of cash inflows for 7 years is 5.206 (assuming the expected rate of return on this purchase is 8%).

• Round net present value to 0 decimal place such as 20.
• For any negative net present value, use either a negative sign preceding the number as -30 or parentheses as (30).
• Determine the net present value, and indicate whether the investment should be made.

• Net Present Value:

  $

  Net investment ___________________ be made. (Write either should or should not)