Please show calculations

The following data are accumulated by Geddes Company in evaluating the purchase of $158,100 of equipment, having a four-year useful life: Net Income $36,000 22,000 11,000 (1,000) Net Cash Flow Year 1 Year 2 Year 3 Year 4 $61,000 47,000 35,000 24,000 Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 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 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 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 6 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 $1 presented above. If required, round to the nearest dollar. Present value of net cash flow Amount to be invested Net present value Check My Work Previous Next Save and Exit Submit Assignment for Grading