A new furnace for your small factory is being installed night now, will cost $36,000, and will be completed in one year. At that portit will require ongoing maintenance expenditures or $1.000 a year But it is for more fuel efficient than your old furnace and will reduce your consumption of heating oil by 3,300 gallons per year Heating of this year costs $2 a gallon the prior pergaton is expected to Increase by $0.50 a year for the next 3 years and then to stabilize for the foreseeable future. The furnace will last for 20 years from Initial use, at which point it will need to be replaced and will have no salvage value (Specifically, the firm pays for the furnace at time and then rescis higher net cash flows from that investment at the end of years 1-20) The discount rate is 6 a. What is the net present value of the Investment in the furnace? Do not round Intermediate calculations. Round your answer to the nearest whole dollar) b. What is the IRR? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) c. What is the payback period? Do not round Intermediate calculations. Round your answer to 2 decimal places) d. What is the equivalent annual cost of the fumace? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) e. What is the equivalent anal savings derived from tite fumace (Do not round Intermediate calculations. Round your answer to 2 decimal places.) t. Compare the PV of the difference between the equivalent annual cost and savings to your answer to part (ou Are the two measures the same or is one larger? a 51 22 NPU IRR Dumite bows are one En annus Squat vind the two metures name? d le 11