Flavorful is considering replacing 20 of their checkout registers with new self-checkout equipment. (i) (Click the icon to view additional information.) Present Value of $1 table Read the requirements. Requirement 1. Given the preceding information, what is the net present value (NPV) of the new equipment? Ignore taxes. (Round intermediary calculations to the to three decimal places, X.XXX, and use a minus sign or parentheses for a negative net present value. Enter the net present value of the investment rounded to the The net present value is Requirement 2. Assume the $70,000 cost savings are in current real dollars and the inflation rate is 2%. Recalculate the NPV of the project. (Round the nominal rat whole percentage, and cumulative inflation rates to three decimal places, X.XXX. Round monetary intermediary calculations to the nearest whole dollar. Use factors and use a minus sign or parentheses for a negative net present value. Enter the net present value of the investment rounded to the nearest whole dollar.) Assuming an inflation rate of 2%, The net present value is 1. Given the preceding information, what is the net present value (NPV) of the new equipment? Ignore taxes. 2. Assume the $70,000 cost savings are in current real dollars and the inflation rate is 2%. Recalculate the NPV of the project. 3. Based on your answers to requirements 1 and 2 , should Flavorful buy the new checkout equipment? 4. Now assume that the company's tax rate is 20%. Calculate the NPV of the equipment assuming no inflation. 5. Again assuming that the company faces a 20% tax rate, calculate the NPV of the equipment under an inflation rate of 2%. 6. Based on your answers to requirements 4 and 5 , should Flavorful buy the new checkout equipment? More info The equipment currently being used is fully depreciated and has no disposal value. The new equipment will cost a total of $190,000. Because the new equipment is self-serve, Flavorful will have annual incremental cash savings in labor costs of $70,000 per year. The equipment will have a 5 -year useful life and no terminal disposal value. The equipment will be depreciated using the straight-line method. Flavorful requires a 4% real rate of return