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Assessment 3: (Algo) Cullman Transport Company is considering... LO 16-2 Cullman Transport Company is considering investing in a truck that is expected to generate cash

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Assessment 3: (Algo) Cullman Transport Company is considering... LO 16-2 Cullman Transport Company is considering investing in a truck that is expected to generate cash inflows of $50.000 per year. The purchase price of the truck is $222.000 The expected life of the trucks 4 years and it has a salvage vue of $62.000 Cullman has a required rate of return of 5 percent Based on this information the not present value of this investment opportunity is (Use the PV S and EVA tables (Round intermediate and final answer to the nearest whole dollar) Multiple Choice O $6,306 O $51,008 O $177,298 $228,306.

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