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 $378,200 and to have a six-year life and no salvage value. The equipment is expected to generate Income of $28,639 and net cash flow of $82,139 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 EVA of $1) (Use appropriate factor(s) from the tables provided.) (Negative net present values should be indicated with a minus sign. Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole number.) Required: 1-a. 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 invest in this equipment? 3. 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. Reg 1A Reg 1B Req 10 Reg 2 and 3 Compute the payback period for this equipment. Payback Period Denominator: Numerator Payback period Reg 18 > Complete this question by entering your answers in the tabs below. Reg 1A Reg 13 Req 1C Reg 2 and 3 Compute the net present value for this equipment. Select chart Not Cash Flows Present Value of Annuity at 9% Cash Flow Prosent Value of Not Cash Flows # Annual cash flow Net present value Compute internal rate of return for this equipment. Present Value Factor Denominator: Numerator: Present Value Factor % Internal Rate of Return in the tabs DOLOW Reg 1A Reg 18 Req1c Reg 2 and 3 2. Santana requires Investment to have payback periods of four years or less, should the invest in this equipment? 3. Ir Santana requires investment to have at least an internal rate of return, should she invest in this equipment? 2. 1 Santana require inventment to have payback period of four years of loss, should she invest in this equipment? 3. If Santana requires investment to have at least an internal role of return, should she invest in this equipment?