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Beyer Company is considering the purchase of an asset for $280,000. It is expected to produce the following net cash flows. The cash flows occur
Beyer Company is considering the purchase of an asset for $280,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year.
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |||||||||||||||||||
| Net cash flows | $ | 68,000 | $ | 40,000 | $ | 74,000 | $ | 140,000 | $ | 21,000 | $ | 343,000 | ||||||||||||
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