Net Present Value Use Exhibit 12B.1 and Exhibit 12B.2 to locate the present value of an annuity of $1, which is the amount to be multiplied times the future annual cash flow amount Each of the following scenarios is independent. Assume that all cash fows are after-tax cash flows. a. Campbell Manufacturing is considering the purchase of a new welding system. The cash benefits will be $480,000 per year. The system costs $3,350,000 and will last 10 years. b. Evee Cardenas is interested in investing in a women's speciaity shop. The cost of the investment is $180,000.5he estimates that the return from owning her own shop will be $50,000 per year. She estimates that the shop will have a useful life of 6 years. c. Barker Company calculated the NPV of a project and found it to be $63,900. The prolect's life was estimated to be 8 years. The required rate of return used for the NPV calculation was 10%. The project was expected to produce annual after-tax cash flow5 of $135,000. Required: 1. Compute the NPV for Campbeil Manufacturing, assuming a discountirate of 12%, If required, round all present value calculations to the nearest dollar, Us the minus sign to indicate a negative NPV. Should the company buy the new welding system? 2. Conceptual connh. Aon: Ausuming a required rate of return of 87 . calculate the N Py for Evee Cardenas' investanent. Round to the neareit dollar. If requined. round all present value caiculations to the nearest dollag. Uie the minus slan to indicate a negative Nov