Value of a mixed stream Harte Systems, Inc., a maker of electronic survillance equipment, is considering selling the rights to market its home security system to a well-known hardware chain. The proposed deal calls for the hardware chain to pay Harte $32,000 and $25,000 at the end of years 1 and 2 and to make annual year-end payments of $12,000 in years 3 through 9. A final payment to Harte of $25,000 would be due at the end of year 10. a. Select the time line that represents the cash flows involved in the offer. b. If Harte applies a required rate of return of 12% to them, what is the present value of this series of payments? c. A second company has offered Harte an immediate one-time payment of $100,000 for the rights to market the home security system. Which offer should Harte accept? CELLI . 0 2 3 9 10 $32,000 $25,000 - $12,000 2 3 C. - $12,000 $25,000 9 10 $32,000 $25,000 $12,000 2 OD $12,000 $25,000 10 3 9 - $32,000 - $25,000-$12,000 - $12,000-$25,000 b. The present value of the mixed stream of cash flows involved in the offer is (Round to the nearest dollar.)