Zachary Company is considering investing in two new vans that are expected to generate combined cash inflows of $$30,500$ per year. The vans$$ combined purchase price is $$99,500.$ The expected life and salvage value of each are eight years and $$21,900,$ respectively. Zachary has an average cost of capital of $12$ percent. $($PV of $$1$ and PVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

Required

Calculate the net present value of the investment opportunity.

Note: Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to $2$ decimal places.

Indicate whether the investment opportunity is expected to earn a return that is above or below the cost of capital and whether it should be accepted.