Net Present Value Method The following data are accumulated by Geddes Company in evaluating the purchase of $171,300 of equipment, having a four-year useful life: Net Income Net Cash Flow Year 1 $39,000 $66,000 Year 2 24,000 51,000 Year 3 11,000 38,000 Year 4 (1,000) 26,000 Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 0.792 4 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 0.627 8 0.467 0.404 0.327 0.233 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 a. Assuming that the desired rate of return is 6 %,, 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. Present value of net cash flow Amount to be invested Net present value Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck Amount of investment $48,000 $20,000 Useful life 4 years 5 years Estimated residual value 0 Estimated total income over the useful life $6,240 $5,750 Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place. 3D Printer % Truck %