Time Left:1:08:21 Ajia McKenzie: Attempt 1 Question 40 (4 points) The following data are accumulated by Peace Hall Company in evaluating the purchase of $100,000 of equipment, having a three (3)- year life. The desired rate of return is 10%. Net Income Year 1 $30,000 Year 2 20,000 Year 3 15.000 Net Cash Flow $50,000 40,000 25.000 PV of $1 at 10% .909 .826 .751 What is the net present value for this proposal? Should this proposal be accepted? Net present value- -$115,000: Proposal should be rejected. Net present value- -$97.265: Proposal should be accepted. Net present value--$35,000: Proposal should be accepted. Net present value of $(2.735): Proposal should be rejected