please help, all parts of question included

Petal Industries is deciding whether to automate one phase of its production process. The manufacturing equipment has a six-year life and will cost $930,000. Projected net cash inflows are as follows: B (Click the icon to view the projected net cash inflows.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Read the requirements Requirement 1. Compute this project'sNPV using Petal's 14% hurdle rate. Should Petal invest in the equipment? Use the following table to calculate the net present value of the project. (Enterany factor amounts to three decimal places, X.XXX. Use parentheses or a minus sign for a negative net present value.) Net Cash PV Factor Present Years Inflow (i = 14%) Value Present value of each year's inflow: (n = 1) 1 2 (n = 2) (n = 3) 3 4 (n = 4) (n = 5) 5 6 (n = 6) Total PV of cash inflows 0 Initial investment Net present value of the project Petal Industries invest in the equipment. Requirement 2. Petal could refurbish the equipment at the end of six years for $104,000. The refurbished equipment could be used one more year, providing $76,000 of net cash inflows in year 7. Additionallythe refurbished equipment would have a $51,000 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.) Calculate the NPV of the refurbishment. (Enterany factor amounts to three decimal places, X.XXX. Use parentheses or a minus sign for cash outflows and for a negative net present value.) Cash PV Factor Present (outflow)/inflow (i = 14%) Value Refurbishment at the end of Year 6 (n = 6) Cash inflows in Year 7 (n = 7) Residual value (n = 7) Net present value of the refurbishment The refurbishment provides a V NPV. The refurbishment NPV is to overcome the original NPV of the equipment. Therefore the refurbishment alter Petal Industries original decision regarding the equipment investment. Data Table - X Year 1 $ 265,000 Year 2 250,000 e equipment Year 3 227,000 Year 4 214,000 equipment at ditionally the =?(Hint: In add Year 5 200,000 ipment could be u alue at the end of Hitional cash outfic Year 6 174,000 Enterany fact theses or a minus Print Done Cash PV Factor Present (outflow)/inflow (i = 14%) Value 5 6 Reference T 0 IN Petal Indus Requireme $76,000 of equipment value.) Hing st in the present W for a Calculate til negative ne Refurbish Cash inflov Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 2 0.980 0.961 0.943 0.925 0.925 0.9070.890 0.873 0.857 0.842 0.826 0.797 0.769 0.756 0.743 0.7180.694 3 0.971 0.9420.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 4 0.961 0.924 | 0.888 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0.516 0.482 5 0.951 0.906 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.567 0.519 0.497 0.476 0.437 0.402 6 0.942 0.888 0.837 0.790 0.746 0.705 0.705 0.666 0.630 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 7 0.933 0.871 0.813 0.760 0.711 0.665 0.623 0.583 0.547 0.513 0.452 0.400 0.376 0.354 0.314 0.279 8 0.923 0.853 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.4040.351 0.351 0.327 0.305 0.266 0.233 9 0.914 0.837 0.766 0.703 0.645 0.592 0.544 0.500 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.194 10 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.322 0.270 0.247 0.227 0.191 0.162 11 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.287 0.237 0.215 0.195 0.162 0.135 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.257 0.208 0.187 0.168 0.137 0.112 13 0.879 0.773 0.681 0.601 0.530 0.469 0.415 0.415 0.368 0.326 0.290 0.229 0.182 0.163 0.163 0.145 0.116 0.093 14 0.870 0.758 0.661 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.205 0.160 0.141 0.125 0.099 0.078 15 0.861 0.743 0.642 0.555 0.481 0.417 0.362 0.315 0.275 0.239 0.183 0.140 0.123 0.108 0.084 0.065 16 0.853 0.728 0.623 0.534 0.458 0.394 0.339 0.292 0.252 0.218 0.163 0.123 0.107 0.093 0.071 0.054 17 0.844 0.714 0.605 0.605 0.513 0.436 0.371 0.317 0.270 0.231 0.198 0.146 0.108 0.093 0.080 0.060 0.045 18 0.836 0.700 0.587 0.494 0.416 0.350 0.296 0.250 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 19 0.828 0.686 0.570 0.475 0.396 0.331 0.277 0.232 0.194 0.164 0.116 0.083 0.070 0.060 0.043 0.031 20 0.820 0.673 0.554 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 21 0.811 0.660 0.538 0.439 0.359 0.294 0.242 0.199 0.164 0.135 0.093 0.064 0.053 0.044 0.031 0.022 22 0.803 0.647 0.522 0.422 0.342 0.278 0.226 0.184 0.150 0.123 0.083 0.123 0.083 0.056 0.046 0.038 0.026 0.018 23 0.795 0.634 0.507 0.406 0.326 0.262 0.211 0.170 0.138 0.112 0.074 0.049 0.040 0.033 0.022 0.015 24 0.788 0.622 0.492 0.390 0.310 0.247 0.197 0.158 0.126 0.1020.066 0.043 0.035 0.028 0.019 0.013 25 0.780 0.610 0.478 0.478 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0.059 0.038 0.030 0.024 0.016 0.010 26 0.772 0.598 0.464 0.361 0.281 0.220 0.172 0.135 0.106 0.084 0.053 0.033 0.026 0.021 0.014 0.009 27 0.764 0.586 0.450 0.347 0.268 0.207 0.161 0.125 0.098 0.076 0.047 0.029 0.023 0.018 0.011 0.007 28 0.757 0.574 0.437 0.333 0.255 0.196 0.150 0.116 0.090 0.069 0.042 0.026 0.020 0.016 0.010 0.006 29 0.749 0.563 0.424 0.321 0.243 0.185 0.141 0.107 0.082 0.063 0.037 0.022 0.017 0.014 0.008 0.005 30 0.742 0.552 0.412 0.308 0.231 0.174 0.131 0.099 0.075 0.057 0.033 0.020 0.015 0.012 0.007 0.004 40 0.672 0.453 0.307 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.011 0.005 0.004 0.0040.003 0.001 0.001 50 0.608 0.372 0.228 0.141 0.087 0.054 0.034 0.021 0.013 0.009 0.003 0.001 0.001 0.001 Residual Net presen The refurbi: he refurbishme Enter any n ? Print Done 4 (n = 4) 5 6 Reference TI 0 N 1 Petal Indus Requireme $76,000 of equipment value.) ling st in the Ipresent for a Calculate th negative ne Refurbishn Cash inflov Present Value of Ordinary Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.862 0.847 0.833 2 1.970 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 1.690 1.647 1.626 1.605 1.566 1.528 3 2.941 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.402 2.322 2.283 2.246 2.174 2.106 4 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.037 2.855 2.798 2.690 2.589 5 4.853 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.605 3.433 3.352 3.352 3.274 3.127 2.991 6 5.795 5.601 5.417 5.2425.076 4.917 4.767 4.623 4.486 4.355 4.111 3.889 3.784 3.685 3.498 3.326 7 6.728 6.4726.230 6.002 5.786 5.582 5.389 5.206 5.033 4.8684.564 4.288 4.160 4.039 3.812 3.605 8 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.7475.535 5.335 4.9684.6394.487 4.344 4,078 3.837 9 8.566 8.162 7.435 7.108 6.802 6.515 6.247 5.995 5.759 5.328 5.3284.946 4.772 4.607 4.303 4.031 10 9.471 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 5.650 5.6505.216 5.216 5.019 4.833 4.494 4.192 11 10.368 9.7879.253 9.2538.760 8.306 7.887 7.499 7.139 6.805 6.495 5.938 5.453 5.234 5.029 4.656 4.327 12 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.161 6.814 6.194 5.660 5.421 5.1974.793 4.439 13 12.134 11.348 10.635 9.9869.3948.853 8.358 7.904 7.487 7.103 6.424 5.842 5.583 5.342 4.910 4.910 4.533 14 13.004 12.106 | 11.296 | 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5.724 5.468 5.008 4.611 15 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 6.811 6.1425.847 5.575 5.575 5.092 4.675 16 14.718 | 13.578 12.561 11.652 10.838 10.106 | 9.447 8.851 8.313 7.824 6.974 6.265 5.954 5.669 5.162 4.730 17 15.562 14.292 | 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 7.120 7.1206.373 6.047 5.749 5.222 4.775 18 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.2017.250 7.250 6.467 6.128 5.818 5.273 5.2734.812 19 17.226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 7.366 6.550 6.198 5.877 5.316 4.844 20 18.046 16.351 14.877 13.590 12.462 11.470 10.594 | 9.818 9.129 8.514 7.469 6.623 6.259 5.929 5.353 4.870 21 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 9.292 8.6497.5626.687 6.312 5.973 5.384 4.891 22 19.660 17.65815.93714.451 | 13.163 12.042 11.061 | 10.2019.442 8.772 7.645 6.743 6.359 6.011 5.410 4.909 23 20.45618.292 16.444 14.857 13.489 | 12.303 | 11.272 10.371 9.580 8.883 7.718 6.792 6.399 6.044 5.432 4.925 24 21.243 18.914 16.936 15.247 | 13.799 12.550 11.469 10.529 9.707 8.9857.784 6.835 6.434 6.4346.073 6.073 5.451 4.937 25 22.023 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.823 9.077 7.843 6.873 6.464 6.097 5.467 4.948 26 22.795 20.12117.87715.983 14.375 13.003 11.826 10.810 9.929 9.1617.8966.906 6.906 6.491 6.118 5.480 4.956 27 23.560 20.707 18.32716.330 14.643 13.211|11.987 10.935 10.027 9.237 7.943 6.935 6.514 6.136 5.492 4.964 28 24.316 21.28118.764 16.663 14.898 13.406 12.137 11.051 10.116 9.307 7.984 6.961 6.534 6.1525.502 4.970 29 25.066 21.844 19.188 16.984 15.141 13.591 12.278 11.158 10.1989.3708.022 8.022 6.983 6.551 6.1665.510 4.975 30 25.80822.396 | 19.600 17.292 15.372 13.765 12.409 11.258 10.2749.427 8.055 7.0036.566 6.177 5.517 4.979 40 32.835 27.355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 | 9.779 | 8.244 8.244 7.105 6.642 6.233 5.548 4.997 50 39.196 31.42425.730 21.482 | 18.256 15.762 13.801 | 12.233 10.962 9.915 8.304 7.133 7.133 6.661 | 6.246 5.554 4.999 Residual v Net presen The refurbi he refurbishme Enter any n ? Print Done