Exercise 11-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $215,000 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 EVA of $1) (Use appropriate factor(s) from the tables provided.) Net cash flows Year 1 $64,000 Year 2 $59,000 Year 3 $97,000 Year 41 Year 51 $173,000 $46,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment? Answer is complete but not entirely correct. 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 Present Value of Net Cash 12% Flows Year 1 $ 64,000 0.8929 $ 57,143 Year 2 59,000 0.7972 47,034 Year 3 97,000 0.7118 69,043 Year 4 173,000 0.6355 109,945 Answer is complete but not entirely correct. 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.) Present Value of Year Net Cash Flows 1 at Present Value of Net Cash 12% Flows Year 1 $ 64,000 0.8929 $ 57,143 Year 2 59,000 0.7972 47,034 Year 3 97,000 0.7118 69,043 Year 4 173,000 0.6355 Year 5 46,000 0.5674 Totals $ 439,000 Initial investment Net present 109,945 x 26,102 $ 309,267 (215,000) $ 94,267 value