Which of the following statements is correct about the net present value method? Multiple Choice 0 It is a discounted cash flow method based on net income. 0 It is a non-discounted method based on net income. 0 es discount It is a discounted cash flow method based on cash flow. 0 It is a non-discounted method based on cash flow. Hawk Sporting Goods is a manufacturer of falconry equipment. Hawk is analyzing the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $210,000. The equipment will have an initial cost of $890,000 and have a 6-year life. There is no salvage value for the equipment. If the hurdle rate is 9%, what is the approximate net present value? Ignore income taxes. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Round your final answer to the nearest dollar amount.) Multiple Choice $890,000 $52,039 oooo $942,039 $296,667 $296,667