Malone Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in w $194200 and have a 5-year life. The salvage value of the equipment is estimated to be $22120 Factors to use for ne5, 1-10% (DO NOT USE ANY OTHER FACTORS OR EQUATIONS) 3.7908 annual increase in cash flow of $2000. The equipment will have an initial com Present Value of an Annuity of $1 Present Value of $1 Future Value of an Annuity of $1 Future Value of $1 62090 6.1051 1.6105 If the hurdle rate is 10%, what is the approximate net present value? Ignore income taxes