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A cinic is considering the porsiblity of two new purchases: new MRI equipment and new biopsy equipment. Each project requires an investment of 5423 ,

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A cinic is considering the porsiblity of two new purchases: new MRI equipment and new biopsy equipment. Each project requires an investment of 5423 , 300 . The expected ife for esch is five years in no expected salvage value. The net cash inflows associsted with the two independent projects are as follows: The present value tables provided in Exhibit 190.1 and Fethibit 19A2 must be used to solve the following problems. Bequired: Compute the net present value of eoch peoject, assuming a required rme of 12 perbem, If the NPV is negative, enter your answer as a negative value

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