Grey's Anatomy Dr. Derek Shepherd (aka McDreamy) is contemplating purchasing a $36,000 piece of equipment for his future medical practice and to impress the Chief of Surgery. Dr. Miranda Bailey estimates that the useful life of this equipment is six years. Dr. Hahn predicts the annual cash flows for this equipment as follows: $9,000, $8,000, $10,000, $7,000, $9,000 and $8,000 for years one through six, respectively. The cost of capital is 10%. 

Calculate: Annual depreciation expense Annual cash inflows Average Rate of Return Average Payback Period Actual Payback Period Net Present Value Benefit/Cost Ratio Internal Rate of Return (< = > than 10%) 

Based on these answers, would you accept or decline