Beyer Company is considering the purchase of an asset for $220,000. 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.

Beyer Company is considering the purchase of an asset for $220,000. 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.) Net cash flows Year 1 $63,000 Year 2 $52,000 Year 3 $70,000 Year 4 $168,000 Year 5 $48,000 Total $401,000 a. Compute the net present value of this investment. b. Should Beyer accept the investment? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Year Net Cash Flows Present Value of Net Cash Flows 1 $ 63,000 2 52,000 3 70,000 4 168,000 5 48,000 Totals $ 401,000 Amount invested Net present value Present Value of 1 at 12% 0.8929 0.7972 0.7118 0.6355 0.5674 $ 0 EA 0