Your firm has the option of making an investment in new software that will cost $108,558 today, but will save the company money over several years. You estimate that the software will provide the savings shown in the following table over its 5-year life. Should the firm make this investment if it requires a minimum annual return of 10% on all investments?

Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)