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2) It is estimated that a certain piece of equipment can save $25,000 per year in labor and materials costs. The equipment has an expected life of five years and no market value. If the company must earn a 15% annual return on such investments, 1) how much could be justified now for the purchase of this piece of equipment? 2) Draw a cash-flow diagram from the company's viewpoint, 3) if the equipment worth $3,000 at the end of five years, how much should be the purchase price