5. Local Flower Grower has spent $80,000 for equipment purchases and paying building rent. The market price and cost of growing per flower are $1.50 and $0.70, respectively. What is the breakeven point? (20 points) 6. A local sales representative of a TV producer offers you a new smart TV. The deal requires 4 monthly installment payments of $150 each. You have to make the first installment payment this month. If the discount rate is 3%, what is the PV of the TV today (25 points)