Question 2 It is estimated that a certain piece of equipment can save $24,000 per year (as the money goes into your pocket) in maintenance. This equipment has an expected life of five years and no market value (meaning you will not be able to sell it for extra income) at the end of the fifth year. If the interest rate for this purchase is 5% per year, how much could be justified (money out of your pocket) now for the purchase of this piece of equipment? Please draw the cash flow diagram and use Excel macro to find the answer. Write down the known values in the blank area below