E11-3 Calculating Net Present Value, Internal Rate of Return [LO 11-3, 11-4] Merrill Corp. has the fo lowing information avaiabe about a pcteta capital investment 2 600,000 S 150,000 Expociod lifo Salvago valuo Merrirs cost of capits S 180,000 5% Assume straight line depreciation method is used 1. Caculate the project's net present value (Euture Vaue o 51. Present Value oS1. Euture Value Anruity of $1. Present Value Amuty of S1.) ( dollar) (Use appropriato fact ors) from tho tables providod. Do not round intermodiate calculations. Round the final answor to noarost whole 2. without making any calculaions, detemine whether the internal rate of return (IRR) is more or less than 6 percent than 6 percent Greater than 6 Percent Loss than &Porcent 3 Calc ote the net present valu@ using nearest whole dollar B percent dis our t ete t il e 1 Present Value 1 Fitur Val e n r 1 Pn ??ent wl Ann it of SI Use appropriate facto s from the tables provided. Do not round intermediate calculations. Round the final answer to 4. Without meking ery celculstions, determine whether the internal rate of retum ORR) is more or less then 8 percent More than 8 percont O Less then 8 percent Equal to 8 percent