please note year 5 is $7,500

Edelman Engineering is considering a piece of equipment in this year's capital budget. The cash outlay for the truck is - $21,400. The firm's cost capital, WACC, is 14 percent. The expected cash inflows are as follows: YEAR Free Cash Flow "I 1 $5,500 2 $5,500 $5,500 $5,500 $7,500 a. Calculate the NPV. b. Calculate the MIRR 3 4 5