Ch 11 Qut Question 4 fof 5 4. Newport Corp. is considering the purchase of a new piece of equipment The cost savings from the equipment would resuilt in an annual increase in cash flow of $205,000 The will have an intial cost of $974,000 and have a 6 year lfe. There is no salvage value for the equipment if the hurdle rate is 83, what is the approximate net presen y of $1) (Use appropriate factor from the PV tables. Round your final answer to the nearest dollar amount O Negetve $26,306 O Posnive $324,662 Zero O Postive $26.306 Type here t