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Garcia Company is considering a $376,000 investment with the following net cash flows. Garcia requires a 12% return on its Investments. The present value

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Garcia Company is considering a $376,000 investment with the following net cash flows. Garcia requires a 12% return on its Investments. The present value of this investment is: Annual Net Cash Present Value of $1 Flows at 12% Initial investment 1.0000 Year 1 $ 136,000 0.8929 Year 2 Year 31 Year 4 Year 5 96,000 0.7972 156,000 0.7118) 266,000 0.6355 86,000 0.5674 Multiple Choice $526,846 $199,642 $150,846

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