The following data are accumulated by Wocester Hat Company in evaluating the purchase of $250,000 of equipment, having a four year useful life with no residual Net Income (Loss) Net Cash Flows Year 1 $37,500 $100,000 Year 2 27,500 90,000 Year 3 75,000 12,500 (2,500) Year 4 60,000 Year Present Value of $1 at Compound Interest 6% 10% 12% 15% 20% 0.943 0.909 0.893 0.870 0.833 0.890 0.826 0.797 0.694 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.482 0.621 0.747 0.497 0.402 0.564 0.432 0.705 0.507 0.335 0.376 0.665 0.627 0.513 0.467 0.452 0.404 0.279 0.233 0.327 Check My Work ma oo w