22. (20 points) - Use the data presented below to determine the benefit/cost ratio, the net present value, and the average payback periods for the proposed equipment acquisition. Then, decide whether or not the opportunity should be pursued and explain your reason(s). Description Equipment Purchase Price Cost of Installation Potential Additional Service Volume First year Annual increment Price charged Staff Positions Eliminated Collection Rate Average Staff Salary Fringe Benefits Rate Hurdle Rate Operating Capacity Amount $2,500,000 $500,000 150,000 units 30,000 units $4.00/unit 75% 14 FTES $25,000 12.5% 4.5% 210,000 units