Question: Please provide details for each steps and calculations. WILL UPVOTE B Company is considering purchasing equipment that costs $235,000. The equipment has an estimated useful

Please provide details for each steps and calculations. WILL UPVOTE

B Company is considering purchasing equipment that costs $235,000. The equipment has an estimated useful life of 5 years and no salvage value. B Company believes that the annual cash inflows from using the equipment will be $65,000. Required: a) Calculate the net present value of the equipment assuming that B Company's cost of capital is 12%. Is the equipment an acceptable investment? b) Calculate the net present value of the equipment assuming that B Company's cost of capital is 10%. Is the equipment an acceptable investment

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