Corporation is considering the purchase of a now piece of equipment....

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Corporation is considering the purchase of a now piece of equipment. The cost savings from the equipment would result in an annual increase in sh flow of $105,000. The equipment will have on initial cost of $430,000,05 year usefut life, and an estimated salvage value of 582,000 , 1 the iny's cost of capitar is 10\%, what is the approximate net present valthe? (Future Value of S1, Present Value of S1, Future Value Annuity of 51 . hit Value Annuity of S1) Use the appropriate factors from the PV tables. $($1966) $18,948 $187,000

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