2- A company is looking to purchase a piece of equipment at cost $120,000. The equipment would have a useful life of five years with salvage value of $12,000 at the end of fifth year. This equipment can be billed at $107 per hour.it cost $30 per hour to operate and $37 per hour for operator. Using 1200 billable hour per year, determine NPV for purchase of this equipment using 20% discount rate. Should the company purchase this equipment