Grady Corp. considering the purchase of a new piece of equipmentThe equipment costs \$51,400, and will have a salvage value of $5,000 after seven yearsUsing the new piece of equipment will increase Grad * v' * s annual cash flows by $6.080Grady has a hurdle of 14% Future Value of Present Value of $1Future Value Annuity of $1Present Value Annuity of 1.) (Use appropriate factor from the PV tables.)