Newborn Hospital is considering the possibility of two new purchases, a new EKG/ECG machine or a new anesthesia machine. Each project would require an investment of $750,000. The expected life for each is five years with no expected salvage value. The net cash flows associated with the two independent projects are as follows. The required rate of return is 12 percent. The present value for EKG/ECG machine is $750,000 (B) 5805,821 (C) $1,000,000 (D) $2,000,000