Capital budgeting provides financial decision makers with important perspectives and information. With tools such as present and future values, perpetuities and annuities, and cash flows, capital budgeting can craft a detailed picture of whether an investment will be worth the cost and effort. For this week’s Assignment, you evaluate the following capital budgeting decision scenario. Pizza Planet Co. Pizza Planet Co. paid a consultant to study the desirability of installing some new equipment. The consultant submitted the following analysis: Cost of new equipment $50,000 Present value of after-tax revenues from operation $45,000 Present value of after-tax operating expenses $10,000 Present value of depreciation expenses $43,750 Consulting fees and expenses $375 The corporate tax rate is 40%. In a 1- to 2-page paper, explain whether Pizza Planet Co. should install the new equipment. Justify your response with supportive examples and references.