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Help S Byron Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual

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Help S Byron Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $105,000. The equipment will have an initial cost of $430,000 and have a 5-year life. The salvage value of the equipment is estimated to be $82,000. the hurdle rate is 12%, what is the approximate net present value? Ignore income taxes. Future Value of 51. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of S1) (Use appropriate factor from the PV tables. Round your final answer to the nearest dollar amount.) Multiple Choice Negative 34,99 o Potive $82.000 Zero O Positive $430,000

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