Group Wark Ch 10 2 Savet THE Exercise 10-5A (Algo) Determining net present value LO 10-2 Rooney Company is considering investing in two new vans that are expected to generate combined cash inflows of $29,000 per yea The vans combined purchase price is $92.000. The expected Me and salvage value of each are seven years and $21.700 respectively Rooney has an average cost of capital of 14 percent of) and PVALS) (Use appropriate factor(s) from the tables provided.) Required e. Calculate the net present value of the investment opportunity (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to 2 decimal places.) b. 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 a Nel present value W the return be above or below the cost of capita Should the investment opportunity be accepted? $ 49.712.00 Above Accepted Help Save & Ext Check my work