Pena Company is considering an investment of $$27,215$ that provides net cash flows of $$8,400$ annually for four years.

$($a$)$ If Pena Company requires a $8\%$ return on its investments, what is the net present value of this investment? $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided. Round your present value factor to $4$ decimals.$)$

$($b$)$ Based on net present value, should Pena Company make this investment?