Bi-Coastal Railroad Inc is considering acquiring equipment at a cost of $122,000. The equipment has an estimated site of 10 years and no residual value. It is expected to provide yearly net cash flow of $61.000. The company's minimum desired rate of return for ne present value analysis is 10% Present Value of an Annuity of $1 at Compound Interest Year 10% 12 15% 20% 1 0.943 0.909 0.893 0.870 0.833 1.833 1.736 1.690 1.626 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.032 2.855 2.589 5 4.212 3.791 3.60 3.353 2.991 6 4.97 4.355 4.111 3.785 3.226 ? 5.582 4.100 B 6.210 5:335 4.955 4.487 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 Compute the following: a. The average rate of retur, numing the annual rings are cal to the news less the annual depreciation expense on the aument. It required, round your answer to one demolace years The rest value the thesive tale of the enton annuity of 1 found to the nearest dolar. If required, waminus sign to indicate negative ret present value for current prading purpose Present value of atual net shows Les amount to be wested Net present value