Scoth Corp is contemplating purchasing equipment that would increase sales revenues by $286,000 per year and cash operating expenses by $130,000 per year. The equipment would cost $580,000 and have a 5 year life with a $70,000 salvage value. The annual depreciation would be $105,000. Assuming the company's discount rate is 11%, the net present value of the investment is closest to the factors below for a 11% discount rate can be used to solve this problem): Periods 2 3 Present Value of $1 0.901 0 .812 0 .731 0.659 0.593 Present Value of an Annuity of $1 0.901 1.713 2.444 3.102 3.696 4 Multiple Choice C $(201654) 0 $38086 0 $226000 0 $28050