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Complete this question by entering your answers in the tabs below. Assuming the discount rate is 11%, calculate the net present value (NPV) of the

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Complete this question by entering your answers in the tabs below. Assuming the discount rate is 11%, calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Johnny's Lunches is considering purchasing a new, energy-efficient grili. The grill will cost $34,000 and will be depreciated straightline over 3 years, It will be sold for scrap metal after 5 years for $8,500. The grill will have no effect on revenues but will save Johnny's $17,000 in energy expenses. The tax rate is 30%. Required: a. What are the operating cash flows in each year? b. What are the total cash flows in each year? c. Assuming the discount rate is 11%, calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased? (*) Answer is not complete. Complete this question by entering your answers in the tabs below. Assuming the discount rate is 11%, calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased? purchased? Note: Do not round intermediate caiculations, Round your answer to 2 decimal places

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