Exercise 11-2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $220,000 it is expected to produce the following ner cash flows. The cash flows occur evenly within each year Assume that Beyer requires a 12% return on its investments PVA SI. FV (SI. PVA of S1, and EYA of $1) (Use appropriate factor(e) from the tables provided.) Year 1 $71,000 Year 2 $42,000 Year 3 $97,000 Year 4 $130,000 Year $44,000 Total 5384,000 Net cash flows a. Compute the net present value of this investment b. Should Beyer accept the investment? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Year Net Cash Flows Present Value of 1 at 12% Present Value of Net Ch Flows 1 2 3 4 $ 0 5 Totals $ Amount invested Net present value S 0 Required B > Complete this question by entering your answers in the tabs below. Required A Required B Should Beyer accept the investment? Should Beyer accept the investment?