California Imaging center, a not-for-profit business, is evaluating the purchase of a new diagnostic equipment. The equipment, which cots $600,000, has an expected life of five years and an estimed salvage value of $200,000 at the time. The equipment is expected to be used 15 times a day for 250 days a year for each year's of the project's life. On the average, each procedure is expected to generate $80 in cash collections during the first year of use. Thus, net revenues for year 1 are estimated at 15x 250 x $80= $300,000. Labor and maintenance costs are expected to be $100,000 during the first year of operation, while utilies will cost another $10,000 and cash overhead will increase by $5,000 in year 1. The cost for expendable supplies is expected to average $5 per procedure during the first year. All cost and revenues are expected to increase a a 5 percent inflation rate after the first year. The center's corporate cost of capital is 10 percent. A) Estimate the project's net cash flow over its five-years estimated life.( Hint: Use the following format as a guide. Equipment cost, Net revenues, Less: Labor/maintenance costs, Utilities costs, Supplies, Imcremental overhead, Operating income, Equipment Salvage value, Net cash flow. B) What are the project's NPV and IRR? ( Assume for now that the project has average risk) C) Assume the project is assesed to have high risk and California Imaging Center adds or subtracts 3 percent points to project risk. Now, what is the project's NPV? Does the risk assessment change how the project's IRR is interpreted? Please show all work. I need to know if I have the right answer because on your site their are more than one answer and I don't know which one is right.