For discount factors use Exhibit 12B.1 and Exhibit 12B.2. After-tax cash inflows for the two competing projects are as follows: Both projects require an initial investment of $560,000. In both cases, assume that the equipment has a life of 5 years with no salvage value. Round present value calculations and your final answers to the nearest dollar. 1. Assuming a discount rate of 9%, compute the net present value of each piece of equipment. Puro equipment: $ Briggs equipment: $ Since the NPV of the Briggs equipment is than that of the Puro equipment, Briggs should chosen. The data analytics types are V. 2. A third option has surfaced for equipment purchased from an out-of-state supplier. The cost is also $560,000, but this equipment will produce even cash flows over its 5 -year life. What must the annual cash flow be for this equipment to be selected over the other two? Assume a 9% discount rate. per year