Question 10 (1 point) The following data are accumulated by Peace Hall Company in evaluating the purchase of $100,000 of equipment, having a three (3) year useful life. Net Cash Flow Year 1 $50,000 Year 2 40.000 Year 3 25,000 Net Income $30,000 20.000 15,000 PV of $1 at 10% 909 .826 .751 PV of $1 at 12% .893 .797 712 The desired rate of return is 10%. What is the total present value of the net cash flows for this proposal? $65,000 $97.265. $100,000