Requirement 1. Compute this project's NPV using Venu's 16% hurdle rate. Should Venu invest in the equipment? Use the following table to calculate the net present value of the project. (Enter any factor amounts to three decimal places, X.XXX. Requirement 2. Voru could returbish the equipment at the end of sax yoars for $104,000. The refurbished equpment could be used ont more yea, providing $75,000 of net cash inflows in year to Requeenent 1, dispount the additional cash culfiow and infiows back to the prosent value.) Caltulate the NPV of the rofurbishment. (Enter any fuctar amounts to throe dociral places, x00. Use partentheves or a minus sign for cash outfows and for a negative net prosent value ) The relutishment provides a NPY. The refurtishment NPV is to overcome the ongnad NPV of the equpment Thecelore, the refursisherit Vens Industries original dedieion regantirg the equipment mustinent. Data table Reference Requirement 1. Compute this project's NPV using Venu's 16% hurdle rate. Should Venu invest in the equipment? Use the following table to calculate the net present value of the project. (Enter any factor amounts to three decimal places, X.XXX. Requirement 2. Voru could returbish the equipment at the end of sax yoars for $104,000. The refurbished equpment could be used ont more yea, providing $75,000 of net cash inflows in year to Requeenent 1, dispount the additional cash culfiow and infiows back to the prosent value.) Caltulate the NPV of the rofurbishment. (Enter any fuctar amounts to throe dociral places, x00. Use partentheves or a minus sign for cash outfows and for a negative net prosent value ) The relutishment provides a NPY. The refurtishment NPV is to overcome the ongnad NPV of the equpment Thecelore, the refursisherit Vens Industries original dedieion regantirg the equipment mustinent. Data table Reference