manufacturing equipment has a 6-year life, cost=$900,000. projected net cash inflows: year 1 $264,000 2 $251,000 3 $228,000 4 $213,000 5 $202,000 6 $176,000 compute this project's NVP using the industry's 14% hurdle rate. should the industry invest in the equipment? the industry could refurbish the equipment at the end of the 6 years for $106,000. the refurbished equipment can be used 1 more year, providing $78,000 of net cash inflows in year 7. the refurbished equipment would have a $52,000 residual value at the end of year 7. should the industry invest in the equipment and refurbishing it after 6 years? **the answer in my textbook says: NPV = $(10,363) additional NPV provided from refurbishment $3,664 I tried to calculate it, but I can't seem to get the right