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(Ignore income taxes in this problem.) Your Company is considering investing in equipment with an eight- year useful life. Using the company's 7% discount rate,

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(Ignore income taxes in this problem.) Your Company is considering investing in equipment with an eight- year useful life. Using the company's 7% discount rate, the net present value of the cash flows associated with just the tangible costs and benefits is ($208,985). This does not include any estimate of the cash flows associated with the intangible benefits that management is sure are associated with the project. How large would the annual net cash inflows from the intangible benefits have to be to make this a financially acceptable investment? $ 40,143 $ 32,078 $359,081 $ 35,000 $208,985

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