The plant manager of Jurassic Industries is Considering purchasing new automated assembly equipment . The how equipment will cost 8300,000 The manager believes that the new investment will result in direct labor savings of $51,000 per year for 10years A) Payback period on this project is 6years B.) What is the net present value: assuming a 12% rate of return 12% 6.893 1.690 2.402 3.037 3.605 4.111 4.564 4.968 5.650 5.328