Debby's Dance Studios is considering the purchase of new sound equipment that will enhance the popularity of its serobics dancing. The equipment will cost $20,000. Debby is not sure how many members the new equipment will attract, but she estimates that her Increased annual cash flows for each of the next five years will have the following probability distribution. Debby's cost of capital is 12 percent. Use Appendix D for an approximate answer but calculate your final answers using the formule and financial calculator methods Cash Flow Probability $ 3,850 5,390 3,688 18,530 @.5 @.2 8.2 a. What is the expected value of the cash flow? The value you compute will apply to each of the five years. Expected cash flow b. What's the expected net present volut? (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations and round your answer to 2 decimal places.) Net present Value c. Should Debey buy the new open! O NO