Fulton Township is studying a 890-acre site for a new landfill. The new site will save $89,000 in annual operating costs for 10 years, as Fulton currently uses the landfill of a neighboring municipality. Other data are: Purchase price per acre: $645 Site preparation costs: $129,000 Hurdle rate: 4% lgnore income taxes. PV of an ordinary FV of $1 at FV of an ordinary annuity at 4% PV of $1 at annuity at 4% Year 1.040 0.962 1 1.000 0.962 2 1.082 2.040 0.925 1.886 1.125 3 3.122 0.889 2.775 1.170 4 4.246 0.855 3.630 1.217 5.416 0.822 4.452 6 1.265 6.633 0.790 5.242 7.898 6.002 7 1.316 0.760 9.214 CO 1.369 0.731 6.733 0.703 7.435 9 1.423 10.583 1.480 0.676 10 12.006 8.111 Required: A-1. Determine Net present value. Net present value A-2. Determine whether the landfill should be acquired. Yes No B. Determine the landfill's approximate internal rate of return, using PV table. Internal rate of return % and %