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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

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 within each year. Assume that Beyer requires a 12% 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 $ 82,000 $ 49,000 $ 96,000 $ 128,000 $ 55,000 $ 410,000

a.Compute the net present value of this investment. b. Should Beyer accept the investment?

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