Can you help me to solve it?Problem 1ABC is considering purchasing a new equipment for $80,000. It will require additional inventory of $8,000. . Its anticipated ten-year life will generate additional client revenue of $20,000 annually with operating costs to be paid of $7,000. At the end of ten years, it will have a salvage value of $10,000 and $5,000 of the inventory paid for will come back as cash received. Taxes are not considered. Required:a.?If the company has a required rate of return of 8%, what is the net present value of the proposed investment?Answer: