. A company is considering the purchase of new equipment for $200,000. Expected cash flows for each of the next three years follow: Year 1 $100,000 Year 2 $90,000 Year 3 $75,000 Management of the company requires a 12% return on investment. Part 1. What is the net present value of this machine, assuming all cash flows occur at year-end? You must show how you calculated this number for credit. Hint: You will use Table B.1 (Present Value of $1) that is found in the Appendix B of the text. (1 point) Part 2. Based on the work you have done above, will the company likely invest in the new equipment? Explain why to receive credit. (1 point)