Beyer Company is considering the purchase of an asset for $270,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Net cash flows Year 1 $ 66,000 Year 2 $39,000 Year 3 $67,000 Year 4 $200,000 Year 5 $22,000 Total $394,000 Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal place.) Year Cash inflow (Outflow) Cumulative Net Cash Inflow (Outflow) 0 $ (270,000) Payback period = 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 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 $83,000 Year 2 $59,000 Year 3 $88,000 Year 4 $163,000 Year 5 $40,000 Total $433,000 a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Year Net Cash Flows Present Value of 1 at 12% Present Value of Net Cash Flows 3 4 5 Totals Amount invested Net present value b. Should Beyer accept the investment? Yes ONo