4 of 25 Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. Dandy's has narrowed their choices down to two: the Wacky Water Race game and the Whack-A-Mole game. Financial data about the two choices follows. Wacky Water Race Whack-A-Mole $37,000 Useful life Estimated annual net cash inflows for 8 years Residual value Depreciation method Required rate of return What is the net present value of the Wacky Water Race game? $10,000 $3,000 straight-line straight-line 10% Present Value of $1 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.926 0.857 0.794 0.735 0.681 0.630 0.909 0.826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0.636 0.567 0.507 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.513 0.452 0.627 0.540 0.404