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Please find the net present value by using value factor table Show Attempt History Current empt in Progress Me loclf Inc. wants to replace its

Please find the net present value by using value factor table
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Show Attempt History Current empt in Progress Me loclf Inc. wants to replace its current equipment with new high-tech equipment. The existing equipment was purchased 5 years ago at cost of $121,000. At that time, the equipment had an expected life of 10 years, with no expected salvage value. The equipment is being depreciated on a straight-line basis. Currentlythe market value of the old equipment is $43,500. The new equipment can be bought for $173,440, including installation. Over its 10-year life, it will reduce operating expenses from $190,OO to $148,700 for the first six years, and from $202,600 to $191,800 for the last four years. Net working capital requirements Will: also increase by $20,900 at the time of replacement. it is estimated that the company can sell the new equipment for $24;400 at the end of its life. Since the new equipment' cash flows are relatively certain, the project's cost of capital is set at 10%, compared with 15% for an average-risk project. The firm's maximum acceptable payback period is 5 years. Click 'here to view the factor tablew Your answer is correct. Calculate the initial investment amount. I nitial investment Your answer is correct. 150840 Calculate the project's cash payback period. (Round answer to 2 decimal places, e.g. 15.25.) Cash payback period eTextbook and Media (c) 3.60 years Attempts: 1 of 4 used Calculate the project's net present value. (Ifthe net present value is negative, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124 and final answer to O decimal places, e.g. 5,275.) Net present value

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