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Ross Enterprise Inc. is considering two pieces of equipment, a lathe, and a pneumatic system, in this years capital budget. The projects are independent. The

Ross Enterprise Inc. is considering two pieces of equipment, a lathe, and a pneumatic system, in this years capital budget. The projects are independent. The capital expenditure for the lathe is $17,100, and $22,430 for the pneumatic system. The firms cost of capital (discount rate) is 14%. The five-year after-tax cash inflows are $5,100 for the lathe and $7,500 for the pneumatic system. \ \ What is the NPV for both Projects? \ \ \ \ Note, you calculate each problem separately. \ \ Group of answer choices\ \ $495.54 and $6750.23\ \ $205.89 and $3540.00\ \ $408.72 and $3318.10\ \ $475.87 and $5230.11

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