Muu The following data are accumulated by Geddes Company in evaluating the purchase of $202,900 of equipment, having a four-year useful life: Year 1 Year 2 Year 3 Net Income Net Cash Flow $44,000 $74,000 27,000 57,000 13,000 43,000 (1,000) 29,000 Present Value of $1 at Compound Interest 6% 10% 12% 15% 20% Year 4 Year 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.79% 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.513 0.665 0.279 0.452 0.376 0.327 0.467 8 0.233 0.404 0.627 9 0.424 0.592 0.194 0.361 0.284 0.247 0.558 0.162 0.322 0.386 w 8 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 a. Assuming that the desired rate of return is 6%, determine the net present value for the proposal. Use the table of the present value of 51 presented above. If required, round to the nearest dollar. If required, use the minus sign to indicate a negative net present value Present value of net cash flow Amount to be invested Net present value b. Would management De likely to look with favor on the proposal? because the net present value indicates that the return on the proposals return of 6" than the minimum desired rate of