Calculate the net present value of the proposed equipment purchase. Sarasota uses a 7% discount rate. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, e.g. 58,971.) The Sarasota Company is planning to purchase $486,000 of equipment with an estimated 7 -year life and no estimated salvage value. The company has projected the following annual cash flows for the investment