Harry Corp buys equipment for $194,000 that will last for 9 years. The equipment will generate cash flows of $36,000 per year and will have no salvage value at the end of its life. Ignore taxes. Use 10% required rate of return. (a) What is the Present Value (PV) of this investment (at 10%)? (b) What is the NET Present Value (NPV) of this investment Should you buy the equipment if you need 10%? (c) What is the Internal Rate of Return (IRR) of this investment? (d) What is the payback period?