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Fix all the wrong answers please. Exercise 26-2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $240,000. It

Fix all the wrong answers please.

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Exercise 26-2 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.) Year 1 $86,000 Net cash flows Year 2 $53,000 Year 3 $ 98,000 Year 4 $174,000 Year 5 $51,000 Total $462,000 a. Compute the net present value of this investment. b. Should Beyer accept the investment? Answer is complete but not entirely correct. 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.) Year Net Cash Flows Present Value of 1 at 12% Present Value of Net Cash Flows $ 0 1 $ 86,000 0.8929 0.7972 0.7118 0.6355 2 53,000 3 98,000 4 174,000 5 51,000 Totals $ 462,000 Amount invested Net present value 0.5674 42,251 69,754 X 110,580 X 28,939 X $ 251,524 (240,000) $ 11,524 Exercise 26-1 Payback period computation; uneven cash flows LO P1 Beyer Company is considering the purchase of an asset for $250,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Net cash flows Year 1 $50,000 Year 2 $36,000 Year 3 $ 60,000 Year 4 $130,000 Year 5 $ 24,000 Total $300,000 Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback period answer to 2 decimal place.) X Answer is complete but not entirely correct. Year Cash Inflow (Outflow) 0 $ (250,000) 50,000 Cumulative Net Cash Inflow (Outflow) $ (250,000) (200,000) (164,000) (104,000) 1 2 36,000 3 60,000 4 130,000 26,000 5 24,000 50,000 $ 50,000 Payback period = 3.08X years

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