Spiro Hospital is investigating the possibility of investing in new dialysis equipment. Two local manufacturers of this equipment are being considered as sources of the equipment. After-tax cash inflows for the two competing projects are as follows: Year Puro Equipment 3 $320,000 200,000 2 Briggs Equipment $120.000 120,000 320,000 400,000 240,000 100,000 120,000 440,000 Both projects require an initial investment of 560,000. In both cases, assume that the equipment has a life of 5 years with no salvage value Required: Round present value calculations and your final answers to the nearest dollar 1. Asuming a discount rate of 0%, campute the net present value of each piece of equipment Puro equipment Trigge equipment: 2. Athird option has surfaced for equipment purchased from an out-of-state suppler. The cost is $560.000, but this equipment will produce even cash flows over is 5-year He What must the annual cash flow be for this equipment to be selected over the other two? Asume a discount rate per year