Question 17 5 pts A company is considering purchasing factory equipment which costs $480,000 and is estimated to have no salvage value at the end of its 8-year useful life. If the equipment is purchas exclusive of depreciation expense are expected to be $95,000. A tax rate of 30% is in effect. The straight-line method of depreciation would be used. If the equipment is purchased, the internal rate of return expected on this project is ed, annual revenues are expected to be $225,000 and annual operating expenses 14.6% Insufficient data to calculate. 9.39% 29.2%