Exercise 24-2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $225,000. 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 $80,000 Year 2 $53,000 Year 3 $71,000 Year 4 $144,000 Net cash flows Year 5 $39,000 Total $387,000 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 Totals Amount invested Net present value b. Should Beyer accept the investment? Yes