5 Mouser Company is evaluating a capital expenditure proposal with the following predicted cash flows: 6 7 7. Initial investment: $43,500 3 Operations: Year 1 $16,500 Year 2 15,000 1 Year 3 22,000 2 Salvage value: 0 3 Additional information for interest rate of 8 percent: 0.92593 0.85734 Present value of $1Year 1 Present value of $1Year 2 Present value of $1Year 3 Present value of an annuity of $1, (3 periods) 0.79383 3.31213 Required: Determine the following values: Net present value of the investment at a discount rate of 10 percent Payback period Should the capital expenditure proposal proceed? Why? c