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The following data are accumulated by Geddes Company in evaluating the purchase of $129,200 of equipment, having a four year useful life Net Income Net Cash Flow Year 1 338.000 $64,000 Year 2 23.000 49,000 Yeir 11,000 37,000 Year 4 (1,000) 25.000 Present Value of $1 at Compound Interest Year 6% 10% 129 15% 20 1 0.943 0.900 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.340 0.751 0.712 0.658 0.579 41 0.792 0.683 0.636 0.572 0.482 5 0.742 0.621 0.562 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 2 0.665 0:513 0.452 0.376 0.279 5 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 . Assuming that the desired rate of return is 20%, determine the net present value for the proposal Use the table of the present value of $1 presented above. If required, round to the nearest dollar. If required, use the minus sign to indicate a negative net present value Present value of net cash flow Amount to be invested Not present value