ABC Company is making a decision whether to invest in a new released equipment for their manufacturing operations. It will cost them P5,000,000 and has a total useful life of 10 years with a salvage value of P500,000. The expected cash flows from year 1 to year 10 is presented in the table below. YEAR EXPECTED CASHFLOW P1,000,000 2 900,000 3 800,DO0 4 700,000 650,000 640,000 600,000 CO 590,000 500,000 10 450,000 This equipment will also save them from maintenance cost of P10,000 and additional 5% on top of the previous maintenance cost yearly. The company expects at least 500 possible scenarios regarding net cash flows to be realized in the span of 10 years ( for consistency, use the random numbers from 1 to 500). The discount rate is 12%