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Exercise 24-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $245,000 investment with the following net cash flows.

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Exercise 24-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $245,000 investment with the following net cash flows. Gomez 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.) Net cash flows Year 1 $67,000 Year 2 $41,000 Year 3 $92,000 Year 4 $125,000 Year 5 $44,000 (a) Compute the net present value of this investment. (b) Should Gomez 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.) Present Value Net Cash Year Flows Present Value of 1 at 15% of Net Cash Flows Year 1 Year 2 Year 3 Year 4 Year 5 Totals Initial investment Net present value

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