why is number 1 coming out wrong

Check my work mode : This she 1 Beyer Company is considering buying an asset for $190,000. It is expected to produce the following net cash flows. 5 points Net cash flows Year 1 Year 2 Year 3 Year 4 Year 5 $50,000 $31,000 $60,000 $140,000 $30,000 Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback period answer to 2 decimal places.) Answer is complete but not entirely correct. Cumulative Cash Year Net Cash Inflow Inflow (Outflow) (Outflow) Initial investment $(190,000) $ 190,000 Year 1 50,000 140,000X Year 2 31,000 109,000x Year 3 60,000 49,000x Year 4 140,000 91,000 Year 5 30,000 121,000 $ 121,000 Total Payback period = 3.35 years 2 Gomez is considering a $200,000 investment with the following net cash flows. Gomez requires a 12% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 5 points Year 1 Year 2 Year 3 Year 4 Year 5 Net cash flows $70,000 $53,000 $78,000 $125,000 $58,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment? eBook Hint Complete this question by entering your answers in the tabs below. Required Required A B Print Compute the ne whole dollar.) Required B of this investment. (Round your answers to the nearest Reference Year Net Cash Flows Present Value of 1 at 12% Present Value of Net Cash Flows Year 1 Year 2 Year 3 Year 4 Year 5 $ 70,000 53,000 78,000 125,000 58,000 $ 384,000 Totals $ 0 Initial investment Net present value $ 0 Required A Required B >