Exercise 24.2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $245,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 9% return on its investments. (PV of $1. EV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Net cash flows Year 1 $82,000 Year 2 $53,000 Year 3 $90,000 Year 4 $156,000 Year 5 $36,000 Total $417,000 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 Present Value Value of 1 of Net Cash at 9% Flows 0.91747 $ 75,229 1 $ 2 3 82,000 53,000 90,000 156,000 36,000 417,000 4 5 Totals $ $ 75,229 Amount invested Net present value $ 75,229 Required B >