Alpha Mega Inc. is thinking about investing in a new piece of equipment at a total cost of $237,000. The project will last 5 years at which time the equipment will be worthless. Their financial analyst has determined the following positive net income will result from this investment (NOTE: THIS IS NOT CASH!).

Alpha Mega Inc uses a WACC of 6.5% to evaluate projects of this nature.

What is the NPV for this project? NPV= % (round to x.xx ) Net income over years 1-5. $90,196.93 $90,612.50 $91,443.63 $90,358.32 $91,028.06 What is the IRR for this project? IRR= % (round to x.xx ) Do not assume the same numbers as the last question Net income over years 1-5. \begin{tabular}{l} \hline 19.63% \\ \hline 19.51% \\ \hline 19.57% \\ \hline 19.16% \\ \hline 19.68% \end{tabular}