Duncombe Village Golf Course is considering the purchase of newequipment that wi

Duncombe Village Golf Course is considering the purchase of newequipment that will cost $1200000 if purchased today and willgenerate the following cash disbursements and receipts.Should Duncombe pursue the investment if the cost of capital is 8percent? Why? Clearly label your calculations in youranalysis. You must respond to at least two of yourclassmates postings to receive full credit.