Breakeven cash inflows The Sleek Ring Compary, a leading producer of fine cant siver jewely, is considering the purchase of new casting equiprsent that will allow it to expand iss product ine The up front cost of the equipment is $690,000. The company expects that the equipment wit produce steady income Broughoul its 15 -year ife. a. If Sloek Ring requires a 12% retum on its investrent what minimum yearly cash inflow will bo necessary for the cornpany po go forward weth this project? b. How would the minimum yeurly cash infow change it the company required a 17% retum on its investryent? a. If Sleek Ring requires a 121 retum on its investment, the minimum yeaty cash infow will be $ (Round to the nearest cant) The required cash fow per year would by (Select from the drop-down menu and round to the nearest cent)