XYZ Manufacturing Corporation wants to purchase new equipment for its plant to streamline production Information regarding the purchase price and net cash inflows for three possible pleces of equipment that XYZ can purchase are shown below. Assume that the required rate of retum and the discount rates are both &X and XYZ uses straight line depreciation. The present value tables are presented at the end of the problem Option A Options Option Initial Investment 5 340.000 $ 300,000 5 280,000 Net Cash Inflows Year 1 583.000 Year 2 $ 76,000 Year 3 $ 79,000 385.000 per 1566.000 per year for 4 [year fors years years Year 4 $ 90,000 Year 5 $95.000 Residual Value 5 5 8.000 Requirements: Calculate the NPV of each scenario below. Round to the nearest whole number Do NOT use decimal Option A Options Option Optionc NPV Which option should the Company select? The selected option provides an IRR ox Choices greater than less than equal to Present Value of a Present Value of an $1 Annuity of $1 Period Period 6% 10.943 1 0.943 20.890 2 1833 6% 3 2673 30.840 40.792 4 3465 50.747 5.4212