Question 1 (of 8) Save & Exit Submit 1. value: 1.25 points Applying Time Value Factor Afactory costs $385,000. You forecast that it will produce cash inflows of $307,558 in year 1, $95,000 in year 2, and $220,000 in year 3. The discount rate is 7.00%. a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value the factor? bbath (Click to select) The firm should invest The firm should not invest