Use the following information to evaluate a new project to purchase an equipment. The equipment that would be used for 3-year, would be depreciated by the straight-line method over its 3 -year life. Revenues and other operating costs are expected to be constant over the project's life. What is the project's NPV? Select one: a. $22,835.78 b. $23,392.19 c. $21,908.34 d. $24,481.28 Use the following information to evaluate a new project to purchase an equipment. The equipment that would be used for 2 -year, would be depreciated by the straight-line method over its 2-year life, and would have a zero salvage value. Revenues and other operating costs are expected to be constant over the project's life. What is the project's NPV? elect one: a. $5,914.46 b. $5,892.67 c. $6,280.99 d. $6,690.14