Question: A company is considering a $ 2 5 1 , 0 0 0 investment in machinery with the following net cash flows. The company requires

A company is considering a $251,000 investment in machinery with the following net cash flows. The company requires a 10% return on its investments.
Year 1Year 2Year 3Year 4Year 5Net cash flows$ 57,000$ 51,000$ 144,000$ 82,000$ 59,000
(a) Compute the net present value of this investment.
(b) Should the machinery be purchased?
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