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gnore income taxes in this problem.) Chow Company has gathered the following data on a proposed investment project: Investment required in equipment $142,500 Annual cash

gnore income taxes in this problem.) Chow Company has gathered the following data on a proposed investment project: Investment required in equipment $142,500 Annual cash inflows $30,000 Salvage value $0 Life of the investment 8 years Required rate of return 10% The net present value on this investment is closest to: 1) $30,000. 2) $76,024. 3) $58,800. 4) $17,550. show work please present value of annuity is 5.335 if needed

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