Problem 12-14 (Algo) Net present value method [LO12-4] Aerospace Dynamics will invest $160,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the fourth year's cash flow is negative) Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year 1 Cash Flow $ 52,000 64,000 55,000 (64,000) 110,000 e. What is the net present value of the project? Note: Negative amount should be indicated by e minus sign. Do not round intermediate calculations and round your answer to 2 decimal places. Answer is complete but not entirely correct. Net present value 5 13.791 250 b. Should the project be undertaken? Oyes no O