Petar Industria deciding whether to automate one that of the production process. The manufacturing equipment has a skyer Wand will cost $60,000 Produd net cash now was (Cack the icon to view the projected cash flow) Click the cont Present Visite of 51 table) Click the ken to view Prevent who Olonay Arnuty S1 table) Read the regulament Requirement 1. Compote this project's NPV using Petals 16 turdeate Should Petalinvest in the equipment? Use the following able to calculate the presentative of the projectEnter any tector amounts to the decimals XXX e parents and storage et present Not cash PV actor Years Inbow -16%) Present Value Yeart Present value of each year's inflow in 11 $260.000 3628 224 138 Year Present value of each year's flown - 2) 252.000 0.783 187 277 Year 3 prosent value of each year's flow: -3 225 000 0.641 7441 Year Present value of each year's intown 211 000 0552 110,533 Year 5 prosent value of each year's inflow:in - 5 201.000 0.40 95.9 Year & Present value of each year's inflow in 175.000 0.410 11827 Total PV of cash 339622 050 Year Initiativestment 01573 Net Drosent value of the rect Enter any ember in the edit fields and then click check Anwar Pretinde sa nu net west in the count Requirement Pytal culture the content at the end of six years $161.000 The returished and could be done on 17000 teach yowed avea 153.000 the end of the genre you were then wake Cache NPV at the returtements to the decom. XXX Brain and for C Factor outwa PV Refurbishment at the end of Wari 7460 Casindows in Year 2011 2000 Residual value in Net present value of the his - w View riesent Value Urrullidly Alilully UI i ladie.) i Requirements - X S net 1. Compute this project's NPV using Petal's 16% hurdle rate. Should Petal invest in the equipment? 2. Petal could refurbish the equipment at the end of six years for $101,000. The refurbished equipment could be used one more year, providing $73,000 of net cash inflows in year 7. Additionally, the refurbished equipment would have a $53,000 residual value at the end of year 7. Should Petal invest in the equipment and refurbish it after six years? (Hint: In addition to your answer to Requirement 1, discount the additional cash outflow and inflows back to the present value.) net