CA imaging Company a not-for profit business evaluating the purchase of new diagnostic equipment. The equipment which cost $600,000 has expected 5 yr and estimated salvage of $200,000 The equipment is expected to be used 15 times a day for 250 days a year for each year of projects life. ON avg. each procedure is expected to genrate $80 in cash collections during the first year of use. Thus net revenues for yr 1 estimated at 15X250x$80=$300,000. Labor and maintenance costs are expected to be $100,000 during the first yr of operations. The cost for expendable supplies expected to avg $5 per procedure during the first year. All costs and revenues are expected to increase at a 5 % inflation rate after the first year. The center COC is 10%. a. estimate the projects net cash flows over its five yr estimated life. (Hint: Use the following format as a guide.) b. what are the projects NPV and IRR (assume for now that the project has avg risk) c. Assume the project is assessed to have high risk and California imaging center adds or subtracts 3% points to adjust for project risk. Now what is the projects NPV? Does the risk assessment change how the project iRR is interpreted