Net present value method

The following data are accumulated by Waiola Company in evaluating the purchase of $$119,400$ of equipment, having

a $4-$year useful life:

Present Value of $$1$ at Compound

Interest

a$.$ Assuming that the desired rate of return is $12\%,$ determine the net present value for the proposal. Use the table of

the present value of $$1$ presented above. If required, round to the nearest dollar. 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