Will rate. Please show steps.

Net Present Value Method The following data are accumulated by Reynolds Company in evaluating the purchase of $125,600 of equipment, having a four-year useful life: Net Income Net Cash Flow $37,000 $62,000 Year 1 Year 2 23,000 48,000 11,000 Year 3 36,000 24,000 Year 4 (1,000) Present value of $1 at Compound Interest 10% 12% 15% Year 6% 20% 0.943 0.909 0.893 0.870 0.833 0.890 0.826 0.797 0.756 0.694 0.840 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.482 0.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0.432 0.335 0.665 0.513 0.452 0.376 0.279 0.627 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