XYZ Company has an opportunity to purchase an asset that will cost the company $60,000. The asset is expected to have $12,000 annual after-tax cash flows per year. Assuming that the companys required rate of return is 10%, that the asset has a 5-year useful life and a $1,000 after-tax salvage value, what is the net present value of the investment? Should the investment be accepted? This is the answer but I need to know how to find it by hand. Thank you [ NPV = ($13,890). Should not be accepted, because NPV < 0]