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Jason Allen is the CEO of Allen Industries. Jason is interested in purchasing new pollution abatement equipment because the current equipment is outdated and not

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Jason Allen is the CEO of Allen Industries. Jason is interested in purchasing new pollution abatement equipment because the current equipment is outdated and not efficient. The controller of the company has identified equipment that costs $129050 and will provide annual cash operating inflows of $35173 for 5 years. The equipment currently being used is 3 years old and could be sold for $2260 Periods 5 Type of cash flow PV ordinary annuity PV ordinary annuity PV ordinary annuity PV ordinary annuity PV ordinary annuity 5 5 5 Interest rate 6% 8% 10% 12% 15% Factor 42124 3.9927 3.7908 3.6048 5 3.3522 What is the equipment's internal rate of return? 15% 10% O 12% O 896

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