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A company is considering a $187,000 investment in machinery with the following net cash flows. The company requires a 10% return on its investments. (PV

A company is considering a $187,000 investment in machinery with the following net cash flows. The company requires a 10% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 Year 2 Year 3 Year 4 Year 5 Net Cash Flow $11,000 $32,000 $62,000 $47,000 $125,000 (a) Compute the net present value of this investment. (b) Should the machinery be purchased?

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