Net Present Value Method The following data are accumulated by Wocester Hat Company in evaluating the purchase of $99,100 of equipment, having a four-year useful life Net Income (Loss) S35,000 21,000 10,000 (1,000) Net Cash Flows Year 1 Year 2 Year 3 Year 4 $59,000 45,000 34,000 23,000 Present Value of 1 at Compound Interest Year 6% 0.943 0.890 0.840 0.751 0.792 0. 0.747 0.705 0.665 0.627 0.592 0.558 15% 0,870 0.826 0797 0.756 209% 0.833 0.694 0.658 0.579 0.482 0.402 0.335 0.279 .404 0.327 .233 0.194 0.162 10% 12% 0.909 0.893 0.712 0.683 0.621 0.564 0.5 0.467 0.424 0.386 0.636 0.572 0.497 0.432 13 0.452 0.376 0.567 0.507 0.361 0.284 10 0.322 0.247 a. Assuming that the desired rate of return is 15% i, determine the net present value for the proposal. Use the table of the present value of?1 presented above. If required, use the minus sign to Indicate a negative net present value. Present value of net cash flow Amount to be Invested Net present value