Munoz Manufacturing Company has an opportunity to purchase some technologically advanced equipment that will reduce the company's cash outflow for operating expenses by $1,289,000 per year. The cost of the equipment is $7,727,873.38. Munoz expects it to have a 9-year useful life and a zero salvage value. The company has established an investment opportunity hurdle rate of 15 percent and uses the straight-line method for depreciation. . and PVA of \$1) (Use appropriate factor(s) from the tables provided.)