Kasson Company purchased an asset for $500,000. The asset was assigned a 7 -year life with no salvage value. The asset is classified in the MACRS 5 -year property class and for tax purposes will be depreciated using the MACRS tables. It is expected that the asset will generate net cash inflows of $136,000 per year in each of the 7 years. Kasson Company has a cost of capital of 14% and an income tax rate of 25%. Calculate the net present value of the asset purchased by Kasson Company. You will need to use both the present value table factors and the percentages from the MACRS tables posted in carmen to answer this question. To access these percentages and factors, click modules and then scroll to weeks 13 and 14. click on the links labeled present value table factors and MACRS table percentages. No credit will be awarded for this question using a means other than these posted tables to answer this