11.Mary's Fat-Free Muffins Ltd is considering a capital investment of $80,000 in additional equipment. The new equipment is expected to have a useful life of 8 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment, annual net income and cash inflows are expected to be $5,500 and $15,500, respectively. Nicholas requires a 9% return on all new investments. Present Value of an Annuity of 1 Period Doo 8% 9% 10% 11% 1270. 5.747 5.535 5.335 5.146 4.9684.487 Instructions: Compute (a) Net present value. (b) Indicate whether the investment should be accepted or rejected