Beyer Company is considering the purchase of an asset for $200,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year. Assume that Beyer requires a 9% return on its investments. (FV of $1, PV of $1, FVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.)

Year 1

Year 2

Year 3

Year 4

Year 5

Total

Net cash flows

$

73,000

$

42,000

$

76,000

$

155,000

$

48,000

$

394,000

Year	Net Cash Flows	Present Value of 1 at 9%	Present Value of Net Cash Flows
1
2
3
4
5
Totals
Amount invested
Net present value

Should Beyer accept the investment?