Exercise 24-2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $200,000. 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 S1. FV of $1. PVA O $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Net cash flows Year 1 $82,000 Year 2 $40,000 Year 3 $79,000 Year 4 $134,000 Years $48,000 Total $383,000 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. TETTE 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 12% 0.8929 0.7972 1 2 3 0.7118 $ 82,000 40,000 79,000 134,000 48,000 $ 383,000 Present Value of Net Cash Flows $ 73,215 31,888 56,231 85,160 27,236 $ 273,730 (200,000) $ 73,730 4 0.6355 5 0.5674 Totals Amount invested Net present value