A new start up company has contemplated investing $265,000 in new equipment. Their analysis has shown that this new machinery will generate the following cash flows: Annual Year Cashflow 1 $20,000 2 $30,000 3 $40,000 4 $40,000 5 $50,000 6 $60,000 7 $60,000 8 $80,000 9 $90,000 10 $90,000 The minimum rate of return that they want to earn is 12% Based on these projections, please calculate the following for this project: Q1 Compute the present value? Q2 Compute the net present value? Q3 Compute the estimate for the IRR ? Q4 Should the company proceed with this investment? Use Interest Rate Table to solve for asnwering Q1