Tex-Exs Medical Hospital, a for profit entity, is considering a new ortho center. Related information is given below: Cost of equipment $ 1,500,000 $ 3,500,000 Cost of Land Salvage value of equipment...

Extracted text: Tex-Exs Medical Hospital, a for profit entity, is considering a new ortho center. Related information is given below: Cost of equipment $ 1,500,000 $ 3,500,000 Cost of Land Salvage value of equipment 25,000 Expected annual revenues Total annual operating expenses $ 3,750,000 $ 2,545,000 Life of equipment in years Cost of capital for the project 7% Applicable tax rate 25% Calculate the Net Present Value and IRR of the proposed Center and make your Reccommendation.