XYZ Manufacturing Corporation wants to purchase new equipment for its plant to strani production. Information regarding the purchase price and net cash flows for these pieces of equipment that XYZ can purchase are shown below. Asume that the realitete of return and the discount rates are both 6% and XYZ uses strast-line degree. The present value tables are presented at the end of the problem. Option A Option B Option Initial Investment $ 340,000 $ 300.000 $ 280,000 Net Cash Inflows Year 1 $ 83,000 Year 2 $ 76,000 Year 3 $ 79.000 $85.000 per 566,000 pes Iyear for 4 year for 5 years years Year 4 $ 90,000 Year 5 $ 95,000 $ 8.000 $ - $ $ Residual Value Requirements: Calculate the NPV of each scenario below. Round to the nearest whole number. Do NOT decimals. Proctonos sharing your Stop sharing Calculate the NPV of each scenario below. Round to the nearest whole number. Do NOT decimals. Option A Option B Optionc NPV Which option should the Company select? The selected option provides an IRR 6% (Choices: greater than, less than, equal to) Present Value of a Present Value of an Annuity of $1 $1 Period 6% Period 6% 10.943 1 0.943 2 1.833 20.890 3 2.673 30.840 4 3.465 40.792 5 4.212 5 0.747