Use the folfowing financial information in order to solve and Q Farms Balance Sheet answer questions below. Non-Current Assets-$820,000 Current Liabies $25.000 25 Based upon the financial statement above. What is Q Farms current Owners Equity or Net above. Worth? a $570,000.00 b. $350,000.00 C $470,000 00 d. $395,000.00 Q Farms Income Statement Net Income $123,000 Principal Debt Service Requirements $21,000 Estimated Living Expense/Owners Draws $40,000 Q Farms Investment Option Purchase Price of New Truck- $42,000 Year One Net Inflow-$54,000 Year Two Net Inflow-$62,000 Owners Desired Return (cost Equity)-10% Average Cost of Debt-7% calculate the Net Present Value ofthe above Truck purchase. Use 8% as cost of capital a $61,155.01 b. $157,857.75 c $145,155.01 d. $116,000.00 26, Page 6