2. Casagrande, Inc. is considering a capital investment (equipment) costing $144,000 with a 6- year useful life, and equal annual net cash flows. The equipment has a net present value, $2,200, calculated at 10%. Use the following table: Present Value of an Annuity of 1 Years 6 8% 4.623 9% 4.486 10% 4.355 11% 12% 14% 4.231 4.111 3.889 a) Calculate the equal annual net cash flows for this investment (round to nearest S1). b) Calculate the present value index of this investment at 10% (round to 0.00).