Welch Corporation is planning an investment with the following characteristics (Ignore income taxes.): Useful life 6years Yearly net cash 45,000 inflow Salvage value Internal rate of 18% return Required rate of 14% return See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided. The initial cost of the equipment is closest to: O $175,005 O $157,410 $235,890 Cannot be determined from the given information