Capital investment decisions

Rocco Manufacturing is considering the following investment proposal: Proposal Y Investment $509,000 Useful life 4 years Estimated annual net cash inflows received at the end of each year $92,000 Residual value $51,000 Depreciation method Straight - line Annual discount rate 9% Compute the present value of the future cash inflows from Proposal Y. Present value of an ordinary annuity of $1: O A. $342, 189 O B. $344,847 n O C. $334, 188 O D. $272,224