Option 1- Purchase the asset Ime Initial DTS NCF DCF a7% Present Period Outlay Note Note 2) Value 180000 180000 180000 01234 13500 135000935 12623 13500 13500 0.873 786 13500 13500 0.816 016 13500 13500 0.763 10301 NPV= S134274Option 1 - Purchase the Asset Time Period Initial Outlay DTS (Note 1) NCF DCF @ 7% (Note 2) Present Value 0 -180 000 -180 000 1 -180 000 1 13 500 13 500 0.935 12 623 2 13 500 13 500 0.873 11 786 3 13 500 13 500 0.816 11 016 4 13 500 13 500 0.763 10 301 NPV = -$134 274