Beyer Company is considering the purchase of an asset for $210,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 9% 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 Total Net cash flows $78,000 $45,000 $74,000 $135,000 $42,000 $374,000 a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Present Value of 1 at 9% Present Value of Net Cash Flows Net Cash Flows Year 1 2 3 4 5 $ 0 Totals 0 Amount invested Net present value $