Use the following information for the next FOUR questions. Isomer Industrial Training Corporation is considering the purchase of new presentation equipment at a cost of $150,000. The equipment has an estimated useful life of 10 years with an expected salvage value of zero. The equipment is expected to generate net cash inflows of $35,000 per year in each of the 10 years. Isomer's cost of capital is 16%. Isomer uses the straight-line method of depreciation for its assets. 29. What is the net present value of the presentation equipment? (Ignore income tax considerations.) a. $950 b. $19,155 c. ($36,500) d. ($53,340) e. $91,650 30. Between what two percents does the internal rate of return of the presentation equipment fall? (Ignore income tax considerations.) a. 6% and 8% b. 8% and 10% c. 14% and 16% d. 18% and 20% e. 22% and 24% 31. What is the payback period of the presentation equipment? (Ignore income tax considerations.) a. 2.3 years b. 3.0 years c. 4.3 years d. 5.8 years e. 7.5 years