Beyer Company is considering the purchase of an asset for $370.000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Year 1 $86,000 Year 2 $49,000 Year 3 $70,000 Year 4 $300,000 Year 5 $12,000 Total $517,000 Net cash flows 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) O $ (370,000) Payback period = Beyer Company is considering the purchase of an asset for $240.000. 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.) Year 1 $64.000 Year 2 $46,000 Year 3 $96.000 Year 4 $138,000 Year 5 $51,000 Total $395.000 Net cash flows a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Net Cash Year Present Value of 1 at 129 Present Value of Net Cash Flows Flows 2 4 Totals Amount invested Net present value b. Should Beyer accept the investment? Yes No A machine can be purchased for $230,000 and used for five years, yielding the following net incomes. In projecting net incomes, straight-line depreciation is applied, using a five-year life and a zero salvage value. Year 1 $15,600 Year 2 $38,600 Year 3 $106.000 Year 4 $58,300 Year 5 $154,400 Net income Compute the machine's payback period (ignore taxes). (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Year Net Income Depreciation Net Cash Flow Cumulative Cash Flow (230,000) $ 230,000) 15,600 38,600 106,000 58,300 154,400 Payback period =