.CC Inc is considering a project that would have a six-year life and would require a $90,000 investment in equipment. At the end of six years, the project would terminate and the equipment would have a $500 salvage value. The project would provide additional revenues of $18,000 per year. The company's required rate of return is 8%. a. Compute the project's net present value.

b. Assume a zero salvage value and compute the project's internal rate of return.