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Bonita Inc., manufactures ice tea and would like to increase its market share in the North. In order to do so, Bonita has decided to

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Bonita Inc., manufactures ice tea and would like to increase its market share in the North. In order to do so, Bonita has decided to locate a new factory in the Cedar Rapid area, Bonita will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three buildings. Building A: Purchase for a cash price of $1,549,000, useful life 26 years. Building B: Lease for 26 years with annual lease payments of $123,000 being made at the beginning of the year. Building C: Purchase for $1,950,000 cash. This building is larger than needed; however, the excess space can be sublet for 26 years at a net annual rental of $20,700. Rental payments will be received at the end of each year. Bonita Inc. has no aversion to being a landlord. Click here to view factor tables In which building would you recommend that Bonita inc. locate, assuming a 10% cost of funds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e. 8.4,585.81. Bonita Inc should locate itself in

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