The Eagle Company sells television antennas. The company is considering the purchase of the entire inventory of Cardinal Antenna Company, a manufacturer of high quality television antennas, which is going out of business. These antennas would cost $200,000, delivered to Eagle's warehouse. Eagle's minimum acceptable rate of return on investments is 20% on a before tax basis. These items would be considered inventory to Eagle and would not be depreciable for accounting or tax purposes. REQUIRED: Using the attached answer sheet, compute the net present value of Eagle's investment, based upon the following assumed patterns of net cash inflows that could result from the sale of these antennas. Round all calculations to the nearest whole dollar. (1) Net cash inflows of $75,000 each year for five years. (2) Net cash inflows of $100,000 during the first year, $65,000 in the second and third years, and $30,000 in the fourth and fifth years. (1) EAGLE COMPANY CAICULATION OF NET PRESENT VALUE OF INVESTMENT