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Beyer Company is considering the purchase of an asset for $240,000. 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 $240,000. 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, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 $77,000 Year 2 $60,000 Year 3 $77,000 Year 4 $ 142,000 Year 5 $53,000 Total $409,000 Net cash flows a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Year Net Cash Flows Present Value of 1 at 15% Present Value of Net Cash Flows Dollar.) Year Net Cash Flows Present Value of 1 at 15% Present Value of Net Cash Flows 2 3 5 Totals Amount invested Net present value

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