Tender Care Dental Clinic is considering acquisition of sophisticated new x-ray equipment costing $50,000. The total present value of expected cash inflows from this equipment is $55,000 when discounted at 13%. From this information we can conclude that the

		life of the equipment is less than 6 years.
		company should reject this investment.
		expected rate of return is greater than 13%.
		net cash flows will occur evenly over the equipment's life.