Modella Construction Company is considering buying a new piece of equipment to use in their business: Cost of equipment.. $10,000 Annual net cash inflows. $2,800 Working Capital required... $5,000 Salvage value of equipment .. $1,000 Life of the equipment . 8 years Discount rate 10% At the completion of 8 years, the working capital will be released for use elsewhere. Compute the net present value of the equipment, and state if they should buy the equipment or not. Show all work.