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Vencap Enterprises is evaluating an investment opportunity that can be purchased for $72,000. Further product development will require contributions of $31,700 in Year 1 and

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Vencap Enterprises is evaluating an investment opportunity that can be purchased for $72,000. Further product development will require contributions of $31,700 in Year 1 and $11,700 in Year 2 . Then returns of $37,000,$68,500, and $48,500 are expected in the three following years. a-1. Calculate the fair market value of future cash flows if its cost of capital is 6% (compounded annually). (Do not round intermediate calculations and round your final answer to the nearest whole dollar amount.) a- Based on the fair market value should Vencap make the investment? 2. The investment be made. By what amount will the current economic value of Vencap be increased or decreased b. if it proceeds with purchasing the investment for $72,000 ? (Round intermediate calculations and final answer to the nearest whole dollar amount.) The economic value is by $

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