Homework $1$

Beyer Company is considering the purchase of an asset for $$380,000.$ It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year.

$\backslash$table$[[,$Year $1,$Year $2,$Year $3,$Year $4,$Year $5,$Total$],[$Net cash flows,$$90,000,$$$50,000,$$$60,000,$$$230,000,$$$64,000,$$$494,000$