Sensitivity analysis: Boulder Creek Industries Boulder Creek Industries is considering an investment in equipment based on the following estimates: Cost of equipment $3,000,000 Residual value 200,000 Useful life 10 years a. Determine the net present value of the equipment, assuming a desired rate of return of 12% and annual net cash flows of $800,000. Use the present value tables appearing in Exhibit 2 and 5 of this chapter. Net present values b. Determine the net present value of the equipment, assuming a desired rate of return of 12% and annual net cash flows of $400,000, 8600,000, and $300,000. UR the present value tables (Exhibit 2 and 5) provided in the chapter in determining your answer. If required, use the minus sign to Indicate a negative net presenta un Annual Net Cash Flow $400,000 $600,000 $800,000 Net present value c. Determine the net present value of the equipment, assuming a desired rate of return of 15% and annual net cash flows of $400,000, 5600,000, and 5000,000 the present value tables (Exhibit 2 and 5) provided in the chapter in determining your answer. If required, use the minus sign to indicate a negative net present value. Annual Net Cash Flow $400,000 $600,000 $800,000 Net present value d. Determine the minimum annual net cash flow necessary to generate a positive net present value, assuming a desired rate of return of 124. Round to the nearest dollar. Annual Net Cash Flows e. Boulder Creek industries wish to invest in an equipment and the projections for the same is as follows: Net cash inflow $400,000 5600,000 $300,000 Net present value (5675,600) $454,400 $1,554,400 Based on the above information, when Boulder Creek industries accepts the project? (Previous Previous (a) If the net cash flow is $600,000