2. (5%) An equipment costing P800,000 will produce annual net cash inflows of P250.090. At the end of its useful life of five years, the equipment will have a P20,000 residual value. Additional working capital of P200,000 is needed. The desired rate of return is 14%. Determine the net present value. 3(5%) An equipment costing P680,000 with a residual value of P8,000 at its useful life of five years, is expected tob ring the following net cash inflows: Yr 1 - P350,000; Yr 2 -P250,000; Yr 3-P150,000; Yr 4 P100,000; and Yr 5-P50,000. Determine the net present value using a discount rate of 12%