^{You have been offered an interesting project by a promising entrepreneur. In exchange for an investment of $2,000 in a new production technology which he is willing to transfer to you, he promises you would receive positive cash flows for the next five years in the amounts of $350 in year 1, $300 in year 2, $350 in year 3, $200 in year 4, and $100 in year 5. Will you invest in this project? Assume cost of capital is 8%. Show all your work.}