A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $125,374.60 today. The system is expected to generate net cash flows of $13,000...

A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash

payment of $125,374.60 today. The system is expected to generate net cash flows of $13,000 per year for

the next 35 years. The investment has zero salvage value. The company requires an 8% return on its investments.

Compute the net present value of this investment.