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Beyer Company is considering the purchase of an asset for $180,000. 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 $180,000. 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. (PV of $1. EV of $1, PVAof $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 Year 2 $47,000 Year 4 $142,000 Year 3 Year 5 Total Net cash flows $60,000 $80,000 $60,000 $389,000 a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Present Present Value of Net Cash Flows Net Cash Flows Year Value of 1 at 15% 2 3 5 0 Totals $ 0 Amount invested 0 Net present value

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