Take me to the text Relaxation Spa Company offers various services, such as facials, laser hair removal and microdermabrasion. Currently, the company is considering purchasing the following spa equipment: Cost per Machine Annual Cash Inflow Laser Hair Removal Machines Microdermabrasion Machines Facial Oxygen Units $62,540 $25,570 $29,450 $123,900 $220,290 $39,210 Annual Cash Outflow $85,900 $189,800 $29,830 Required Rate of Return 14% 16% 8% Useful Life 5 years 5 years 5 years Salvage Value $720 $920 $290 Assume that each equipment's annual cash flow will occur for the period equal to its useful life. Do not enter dollar signs or commas in the input boxes. Use the present values tables in the textbook appendix. Use the negative sign for negative values. Round your answers to the nearest whole number. a) Determine the NPV of each piece of equipment. Laser Hair Removal Machine: $ Microdermabrasion Machine: $ Facial Oxygen Unit: $ b) For each piece of equipment, determine the maximum acceptable price using the NPV method. Laser Hair Removal Machine: $ Microdermabrasion Machine: $ Facial Oxygen Unit: $ c) In what year will the initial investment be recovered? Use the cumulative payback method. Laser Hair Removal Machine: Year Microdermabrasion Machine: Year Facial Oxygen Unit: Year