Company ABC Flooring is deciding between two pieces of equipment that would help their business. Equipment A costs $12,000 today and will add $5,000 to sales each of the next 5 years. Equipment B costs $19,000 today and will add $7,000 to sales each of the next 5 years. The projects are mutually exclusive since you will not need 2 pleces of equipment. a. What is the payback period of each? b. What is the discounted payback period of each assuming a 7% discount rate? c. What is the NPV of each? d. Which plece of equipment (if any) should you purchase