Question 1 You are the CFO of Bellville Glass Ltd. The company intends to replace an equipment used in the factory at a cost of R860 000. It is anticipated that buying and installing the new equipment would lead to a net cash inflow of R240 000, R360 000, and R600 000 in years 1, 2, and 3, respectively. Is this an attractive investment if your cost of capital is 9% ? Show all workings and explain your answer. (15 Points)