Net Drisent Value Method The following data are accumulated by Geddes Company in evaluating the purchase of $150,000 of equipment, having a four-year el fet Net Income Net Cash Flow Year 1 $12,500 $80.000 Year 2 27,500 65,000 12.500 50,000 Year 4 2.500 40,000 Year 1 2 2 4 Present Value of $1 at Compound Interest 6% 10% 12% 15% 20% 0.93 0.900 0.070 0.890 0.626 0.297 0.756 0.694 0.840 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.462 0.621 0.567 0.497 0,402 0.709 0.564 0.507 0.432 0.335 0.665 0.513 0,452 0.30 0.279 0.167 0.104 0.327 0.233 0.424 0.361 0.284 0.194 0.550 0.356 0.322 0.247 0.162 5 0.743 6 2 10 a Assuming that the desired rate at return is 15%, determine the net present value for the proposal. If required, round to the nearest dollar. Use the table of the present value of 51 presented wave Present value of net cash flow Amount to be invested Net present value