Calculating NPV (Show your work to get full credit) Door to Door Moving Company is considering purchasing new equipment that costs $720,000. Its management estimates that the equipment will generate cash flows as follows: $218,000 Year 1 2 218,000 3 258,000 4 258,000 150,000 Present value of $1: 6% 7% 8% 9% 10% 1 0.943 0.935 0.926 0.917 0.909 2 0.890 0.873 0.857 0.842 0.826 3 0.840 0.816 0.794 0.772 0.751 4 0.792 0.763 0.735 0.708 0.683 5 0.747 0.713 0.681 0.605 0.621 The company's annual required rate of return is 8%. Using the factors in the table, calculate the net present value (Round all calculations to the nearest whole dollar.) Do you accept the project