PLEASE show and explain your work! Southwest Specialty Clinic is considering adding an onsite MRI scanner. Current estimates are that the MRI scanner will cost $1,900,000 to purchase, install and prepare for use. Cash flows expected from operation of the scanner during its estimated five year project life are

		Cash
	Year	Flow
	1	$300,000.00
	2	$350,000.00
	3	$400,000.00
	4	$450,000.00
	5	$500,000.00
Southwest expects to be able to sell the MRI scanner for $200,000 at the end of year 5. Southwest's cost of capital (opportunity cost) is 6% compounded monthly. Should Southwest invest in the MRI scanner? Thank you!