Welch Corporation is planning an investment with the following characteristics (gnore income taxes); Useful 1ife 5 years Yearly net cash inflow Salvage value Internal rate of return Required rate of return $70,e00 12% factorts) using the tables provided here to view Exhibit 13B-1 and Exhibit 13B.2, to determine the appropriate discount The initial cost of the equipment is closest to: $280,100 Prev DOLL