Murad is considering starting a small catering business. He would need to purchase a delivery and various equipment costang 5125.000 toequip the business and another $60,000 for working capital needs. Rent for the building used by the business will be $35,000 per you In addition to the building , mual cash outflow for operating costs will out to $40,000. Murad's marketing studies indicate that the anal cash flow from the business will amount to $120,000. All of working capital would be released at the end of your Murad wants to operate the catering business for only six years. He estimates that the equipment could be sold at that time for 45 of its original cost. Murades16% discount Use the following present value tables, to determine the appropriate discount factors) 13% Present Value of $11(1+1) Periods 8% 9% 10% 11% 12% 1496 4 15% 16% 1796 07350.708 0.683 0.6590.636 0.61305920.5720552 0.534 Present Value of an Annuity of S1 in Arrear, 1111-1 (1+) S 0681 0.650 0.621 0.593 0.567 0.543 0.519 0.497 0.4760456 6 0.630 0.596 0.56 0.5350 5070 4800.4560.432 0.4100 390 7 0.58305470.513 0.4820.452 0.125 0.4000376 03540 333 Periods 8% 1096 11% 12% 1396 14% 159 1696 17% 4 3.312324031703.102 3.037 2.974291428552198 2.743 5 3.993 3.890 3.791 3.696 3.605 3.517 3.43333523.271 3.199 6 4.6234.4864.355 4.2314 111 3.9983.8893.7843,6853589 7 3 2065.0334868 4.712 45644423 4.288 4.160 4.039 3.922 Required: Compute the net present value of this investment 99%