Exercise 24-2 Net present value LO P3 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.) Net cash flows Year 1 $73,000 Year 2 $40,000 Year 3 $75,000 Year 4 $150,000 Year 5 $57,000 Total $395,000 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 2 $ Totals $ Amount invested Net present value