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Park Co. is considering an investment that requires immediate payment of $31, 500 and provides...

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Accounting

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Park Co. is considering an investment that requires immediate payment of $31, 500 and provides expected cash inflows of $14, 600 annually for four years. If Park Co. requires a 15% return on its investments. 1-a What is the net present value of this investment?(FV of $1, PV of $1, FVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) 1-b Based on NPV alone, should Park Co. invest? Yes No

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