Exercise 24-2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $230,000. 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 $80,000 $53,000 $80,000 $154,000 $55,000 $422.000 a. Compute the net present value of this investment b. Should Beyer accept the investment? 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 Present Value of 1 at 15% Present Value of Net Cash Flows 1 2 2 3 4 5 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.) Net Cash Present Present Value Flows Value of 1 of Net Cash at 15% Flows Yoar 1 2 3 4 0 $ 0 5 Totals $ Amount invested Net present value 0 hered A Required B > a. Compute the net present value of this investment. b. Should Beyer accept the investment? Complete this question by entering your answers in the tabs below. Required A Required B Should Beyer accept the investment? Should Beyor accept the investment? Required A M