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Beyer Company is considering the purchase of an asset for $190,000. 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 $190,000. 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 Si, 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 $58,000 $72,000 $172,000 $56,000 $440,000 a. Compute the net present value of this investment. b. Should Beyer accept the investment? Answer is complete but not entirely correct. 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 OC 1 82,000 2 58,000 72,000 4 172,000 5 56,000 Totals $ 440,000 Amount invested Net present value Present Present Value of Value of 1 at Net Cash 15% Flows 0.86969 71,307 0.7560 43,848 0.6575 47,340 0.5718 98,349 0.4972 27,843 $ 288,687 (190,000) $ 98,687 Complete this question by entering your answers in the tabs below. Required A Required B Should Beyer accept the investment? Should Beyer accept the investment? Yes

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