NEED HELP

Munoz Company is considering investing in two new vans that are expected to generate combined cash inflows of $34,000 per year. The vans' combined purchase price is $97,500. The expected life and salvage value of each are eight years and $21,600, respectively. Munoz has an average cost of capital of 14 percent. (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Required a. Calculate the net present value of the investment opportunity. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to 2 decimal places.) b. Indicate whether the investment opportunity is expected to earn a return that is above or below the cost of capital and whether it should be accepted. a. Net present value b. Will the return be above or below the cost of capital? Should the investment opportunity be accepted? To open a new store, Stuart Tire Company plans to invest $336,000 in equipment expected to have a six -year useful life and no salvage value. Stuart expects the new store to generate annual cash revenues of $320,000 and to incur annual cash operating expenses of $188,000. Stuart's average income tax rate is 35 percent. The company uses straight-line depreciation. Required Determine the expected annual net cash inflow from operations for each of the first four years after Stuart opens the new store. (Negative amounts should be indicated by a minus sign.) Net cash Year 1 Year 2 Inflow / Outflow Outflow Inflow Inflow Inflow Year 3 Year 4