Refer to Table given below, Glen Write owns an engineering firm. He asked his employees for suggestions regarding equipment they thought the firm would need during the next year. They suggested the purchase of eight pieces of equipment. Glen calculated the net present value of each recommendation. Glen estimates that he will have no more than $150,000 to invest next year. Based on the projects chosen, how much will he actually invest?
$136,250
$290,500
$145,000
$299,750

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Capital Net Cumulative Business Investment Investment Present Location Value Cost in S Costs 25,000 25,000 27,500 28,500 35,000 53,500 3 32,500 86,000 35,000 32,500 118,500 38,000 45,000 163,500 (15,000) 54,000 (10,000) 217,500 63,250 280,750 92,000 73,000 353,750 100,000 2.