Net present value method

The following data are accumulated by Waiola Company in evaluating the purchase of $$132,400$ of equipment, having a $4-$year useful life:

a$.$ Assuming that the desired rate of return is $12\%,$ determine the net present value for the proposal. Use the table of the present value of $$1$ presented above. If

required, round to the nearest dollar. If required, use the minus sign to indicate a negative net present value.