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Blossom Company prepared the tabulation below at December 31, 2022. Net Income $309,300 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $34,300 Decrease in accounts receivable $52,300 Increase in inventory $14,300 Decrease in accounts payable $10,900 Increase in income taxes payable $3,800 Loss on sale of land $7,300 Net cash provided (used) by operating activitiesBLOSSOM COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income toThe following information is available for Carla Vista Company: Receipts from customers $221,000 Dividends from stock investments 7,000 Proceeds from sale of equipment 20.000 Proceeds from issuance of stock 92,000 Payments for inventory 102,000 Payments for operating expenses 80.000 Interest paid 8,000 Taxes paid 6,000 Dividends paid 22,000 Based on the preceding information, compute the net cash provided by operating activities. Net cash provided by operating activities $Martinez Company is considering investing in new equipment that will cost $1,418,000 with a 10-year useful life. The new equipment is expected to produce annual net income of $60,800 over its useful life. Depreciation expense, using the straight-line rate, is $141,800 per year. Compute the cash payback period. (Round answer to 1 decimal place, e.g. 15.2.) Cash payback period yearsPronghorn Company has hired a consultant to propose a way to increase the company's revenues. The consultant has evaluated two mutually exclusive projects with the following information provided for each: Project Turtle Project Snake Capital investment $1,170,000 $690,000 Annual cash flows 193,000 118,000 Estimated useful life 10 years 10 years Pronghorn Company uses a discount rate of 9% to evaluate both projects. Click here to view PV tables. (a) Calculate the net present value of both projects. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.) Project Turtle Project Snake Net present value $ $Pharoah Clinic is considering investing in new heart-monitoring equipment. It has two options. Option A would have an initial lower cost but would require a significant expenditure for rebuilding after 4 years. Option B would require no rebuilding expenditure, but its maintenance costs would be higher. Since the Option B machine is of initial higher quality, it is expected to have a salvage value at the end of its useful life. The following estimates were made of the cash flows. The company's cost of capital is 7%. Option A Option B Initial cost $175,000 $271,000 Annual cash inflows $72.100 $82,400 Annual cash outflows $29.300 $25,700 Cost to rebuild (end of year 4) $48.700 SO Salvage value $7.200 Estimated useful life 7 years 7 yearsCompute the (1) net present value, (2) profitability index, and (3) internal rate of return for each option. (Hint: To solve for internal rate of return, experiment with alternative discount rates to arrive at a net present value of zero.) (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round answers for present value and IRR to 0 decimal places, e.g. 125 and round profitability index to 2 decimal places, e.g. 12.50. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net Present Value Profitability Index Internal Rate of Return Option A % Option B %