QUESTION 9 Home Express Moving Company is considering purchasing new equipment that costs $728,000. Its management estimates that the equipment will generate cash inflows of $50,000 semiannually for its 2 year life. Drwennt walis on $1 The company's annual reguired rate of retum is 14%. Using the factors in the table, calculate the present value of the cash flows \begin{tabular}{r} $235,750 \\ $100,000 \\ \hline$200,000 \\ \hline$152,600 \\ \hline \end{tabular}