J & J Enterprises is considering a cash acquisition of Patterson Steel Company for $5,700,000. Patterson will provide the following pattern of cash Inflows and synergistic benefits for the next 20 years. There is no tax foss carryforward. Use Appendix D as an approximate answer, but calculate your final answer using the formula and financial calculator methods Canh in low (aftertaw) Synergistie benefits aftertax) Year 1 5610.000 710,000 57,000 77,000 5970,000 87.000 The cost of capital for the acquiring flimis 13 percent a. Compute the not present value. (Negative amount should be indicated by a minus ston. Do not round Intermediate calculations Round your answer to 2 decimal places.) Net procent valu b. Should the merger be undertaken? O NO Yes 100 Apple Presente sulty of St. Pe PARA + 0.990 D. 1942 24 10 CLES GEE LIC 0962 LAR 2.775 100D OUR 1 223 3546 0.95 1800 264 10 103 0.000 73 7487 16 0926 1.790 3577 13 1993 0912 1.25 3531 120 2010 2003 RE 4320 00 4753 50 CON 560 5413 1.230 4452 5242 2002 00 1833 2073 3483 12 41 1382 6.210 6003 7360 50 2100 752 27 16 5.02 4 CAS 1234 TE 41 OU CE 19 COOL DIE SCHE GOS CLE RESE GE SOE 1951 13 COS CELE LE C 4209 ENCE WE WE OLE SOY LIVE 6.100 WEE 250 GE SCE 3.122 COVE 11 219 270 VE 2.73 11 2934 C 07 111 TE 13 2 200 1520 833 OLCE BLER BI KO 2233 WEE 50% 1902 YE 1955 TO 547 CE ch 2 2 + PD IND 0500 DO 0110 0822 TO (paparani 1 + 100% 1 2 / 2