Martinez Growth Farms, a farming cooperative, is considering purchasing a tractor for $555.980. The machine has a 10-year life and an estimated salvage value of $45,000. Delivery costs and set-up charges will be $13,000 and $420, respectively. Martinez Growth uses straight-line depreciation and has a required rate of return of 9%. Martinez Growth estimates that the tractor will be used five times a week with the average charge to the individual farmers of $420. Fuel is $55 for each use of the tractor. The present value of an annuity of 1 for 10 years at 9% is 6.41766 . Click here to view PV tables. For the new tractor, compute the: (a) Cash payback period. (Round answer to 1 decimal places, es. 15.2.) Net present value. (Round factor values to 5 decimal places, e.9. 15.11212. Round Intermediate calculations and final answer to 0 decimal ploces, eg. 5,275.) Net present value TABLE 1 Future Value of 1 TABLE 2 Future Value of an Annuity of 1 TABLE 2 Future Value of an Annuity of 1 TABLE 3 Present Value of 1 TABLE 4 Present Value of an Annuity of 1