fiatrat. (Cicos fre foen in verew Bef frosenf vahe tatial [Clock fre ionn to whw ifre halre vitue tafin) Head the fejurertinfa Nripesent valos Data table nt 1. Compute this project's N dustries invest in the equipme imputing the project's NPV (ne se parentheses or a minus sig Reference ent? Why or aty mil? gn for negatirn nei prosent mak.ist Reference ent? Why or why nof? Pis tor negativw exat prusent vahies. Reference Why or aty not? rogative nef prasent wifuti.) Reference ry or why repr? rgaive net orecent vilutis.). Requirements Requirement 1. Comp Begin by computing the 1. Compute this project's NPV using Alderman Industries' 14% hurdle rate. Should the company invest in the equipment? Why or why not? 2. Alderman Industries could refurbish the equipment at the end of six years for $101,000. The refurbished equipment could be used one more year, providing $73,000 of net cash inflows in Year 7. In addition, the refurbished equipment would have a $53,000 residual value at the end of Year 7. Should Alderman Industries invest in the equipment and refurbish it after six years? Why or why not? (Hint: In addition to your answer to Requirement 1, discount the additional cash outflow and inflows back to the present value.)