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Santana Rey is considering the purchase of equipment for Business Solutions that would allow the company to add a new product to its computer furniture

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Santana Rey is considering the purchase of equipment for Business Solutions that would allow the company to add a new product to its computer furniture line. The equipment is expected to cost $371,760 and to have a six-year life and no salvage value. The equipment is expected to generate income of $15,239 and net cash flow of $80,417 in each year of its six-year life. Santana requires an 9% return on all investments: (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) (Use oppropriate factor(s) from the tables provided.) (Negative net present values should be indicated with a minus sign. Do not round intermediote calculations. Round your present volue factor to 4 decimals and final answers to the nearest whole number.) Required: 1-o. Compute the payback period for this equipment. 1-b. Compute the net present value for this equipment. 1-c. Compute internal rate of return for this equipment. 2. If Santana requires investments to have payback periods of four years or less, should she imvest in this equipment? 3. If Santana requires investments to have at least an 9% internal rate of return, should she invest in this equipment? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Compute the payback period for this equipment. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Compute internal rate of return for this equipment. Complete this question by entering your answers in the tabs below. 2. If Santana requires investments to have payback periods of four years or less, should she invest in this equipment? 3. If Santana requires imvestments to have at least an 9% internal rate of return, should she invest in this equipment? 2. If Santana tequires imestments to have payback periods of four yeass or leas, ahould she irvest in this equipment? 3. If Santana requires investments to have at least an 9% irtemal rate of return, should she invest in this equipment

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