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Beyer Company is considering the purchase of an asset for $215,000. It is expected to produce the following net cash flows. The cash flows occur

Beyer Company is considering the purchase of an asset for $215,000. 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 Year 2 Year 3 Year 4 Year 5 Total
Net cash flows $ 84,000 $ 45,000 $ 87,000 $ 136,000 $ 41,000 $ 393,000

a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.)

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Present Present Value Net Cash Value of 1 of Net Cash Year Flows Flows at 15% 4 Totals Amount invested Net present value

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