10 8.11090 7.36009 6.24689 6.71008 5.75902 5.32825 6.14457 5.65022 4.94637 5.21612 Jackson Company invests in a new piece of equipment costing $40,000. The equipment is expected to yield the following amounts per year for the equipment's four-year useful life: Cash revenues $60,000 Cash expenses (32,000) Depreciation expenses (straight-line) (10.000) $ 18,000 14% Income from equipment Cost of capital What is the net present value of this investment in equipment? (Note: Use the discount tables provided and round the NPV to the nearest dollar.) Oa. $41,584. Ob. $(4,480) Oc. $81,592 Od. $52,452 Previous Next