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Beyer Company is considering the purchase of an asset for $185,000. It is expected to produce the following net cash flows. The cash flows occur

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Beyer Company is considering the purchase of an asset for $185,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 15% return on its investments. (PVot$1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 4 Total Year 1 Year 2 Year 3 Year $70,000 $45,000 82,00 $160,000 $53,000 $410,80 Year 5 Net cash flows a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Present Present Value Net Cash Flows Year Value of 1 of Net Cash Flows at 15% 4 Totals Amount invested Net present value b. Should Beyer accept the investment? Yes No

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