(Present value of an uneven stream of payments)You are given three investment alternatives to analyze.The cash flows from these three investments are as follows:.

BGT Electronics, Balance Sheet ($000) Carson Electronics, Inc. Inc. Cash $2,040 $1,480 Accounts receivable 4450 6040 Inventories 1490 2550 Current assets $7,980 $10,070 Net fixed assets 16010 25030 Total assets $23,990 $35,100 Accounts payable $2,460 $4,960 Accrued expenses 1030 1550 Short-term notes payable 3480 1450 Current liabilities $6,970 $7,960 Long-term debt 8030 3960 Owners' equity 8990 23180 Total liabilities and owners' equity | $23,990 $35,100 BGT Electronics, Income Statement ($000) Carson Electronics, Inc. Inc. Net sales (all credit) $48,010 $70,010 Cost of goods sold (36,010) (41,950) Gross profit $12,000 $28,060 Operating expenses (7,990 (11,980) Net operating income $4,010 $16,080 Interest expense (1,110) (560) Earnings before taxes $2,900 $15,520 Income taxes (35%) (1,015) (5,432) Net income $1,885 $10,088