D Question 17 2.5 pts Hunt Manufacturing is considering the purchase of equipment for a cost of $41,000. Annual cash savings of $10,000 are expected for the next 5 years and the equipment is expected to be sold at the end of five years for $15,000. Using a discount rate of 12%, the present value of $1 at the end of year 5 is.567 and the present value of an annuity for 5 years is 3.605. Using a discount rate of 10%, the present value of $1 at the end of year 5 is .621 and the present value of an annuity for 5 years is 3.791 Assuming the company has a 12% discount rate and a 10% internal rate of return, what is the net present value of the equipment purchase? $3,555 $18,745 $6,225 $10,050