8 Problem C-2A Consider present value (LOC-2, C-3) 2 Bruce is considering the purchase of a restaurant med Hard Rock Hollywood. The restaurant is listed for sale at $120.000 Wie help of his accountant, Bruce projects the net cash flows (cash inflows less cash outflows from the restaurant to be the following amounts over the next 10 years Years ont - 120 () Van 102,000 B 112.000 122.000 10 112,000 Bruce expects to sell the restaurant after 10 years for an estimated $1220,000, VESI, PVS EVA OS and EVA GES1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Required: 1-a. Calculate the total present value of the netch flows it Bruce wants to make a least 10% annutyan his investiment. Assume at cash flows occur at the end of each year) Tema