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O None of the above Question 22 5 pts Tech Consulting is considering an investment in new equipment that would allow the company to offer

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O None of the above Question 22 5 pts Tech Consulting is considering an investment in new equipment that would allow the company to offer new services to its clients. The equipment costs $550.000, has a useful life of 10 years, and has a salvage value $90.000. If Tech purchases the new equipment, it can sell its old equipment for $30,000. What annual net cash inflow must be generated by this investment in order to achieve a simple rate of return of 12%? $99.000 $104 400 O $110.000 O $106,400 None of the above

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