Check my work 4 The Elberta Fruit Farm of Onths was hired ostent workers to pick it anno cherry crop, Janessa Wright, the manager Strecere information on a chenye that is being purchased by many rum. The machine is a motorted device ut shows the cherrytree.cose ches to take onto plastic are the funnel the clientes into bini. Mi Wright rangemented me following information to decide whether a chovy picker would be a profitable investment for the Eberta Fruit Form Currently, the form paying an werage of 190.000 per year to transient workers to pick the cherries The cherry picker would cost $90,000, would be deprecated using the straight line method ind it would have no sve at the end of its 10 years c. Annual out or pocket costs associated with the cherlich would be cost of an operator and start 5.000 DE $3.000 fuel 1000, and maintenance contract, St We Click here to view Exhib148 and 42. to determine the propriate discourselor using tables Required: 1. Determine the annual savings in Ching costs would be realized if the cherry picker were purchased 2. Compute the simple of tum expected from me che 2. Would the cherry picker be purchased fiber Full Furediate otetun is 97 3a Compute the payback period on the chanty picked 3) The Elberta Fruit Farm will not purchase equipment unless has a payback period of seven years or less Would the cherry picke be purchased? Compute the internal rate ofretum promised by the cherry picke 4. Based on this computation does it appear that the simple rate of this accurate Oude in investment decisions? Complete this on by entering your answers in the tabs below. BA 4 24 Check my we Click here to view Exhibit 143-1 and Exhibit 1482. to determine the approprlater discount factor using tables Required: 1. Determine the annual savings in cash operating costs that would be realized if the cherry picker were purchased. Za. Compute the simple rate of retur expected from the cherry picker 26. Would the cherry picker be purchased if Elberta Fruit Farm's required rate of return is 9%? 3a Compute the payback period on the cherry picker. 3b. The Elberta Fruit Farm will not purchase equipment unless it has a payback period of seven years or less. Would the cherry picket be purchased? 4a. Compute the internal rate of retur promised by the cherry picker. 4. Based on this computation, does it appear that the simple rate of return is an accurate guide in investment decisions? Complete this question by entering your answers in the tabs below. Reg! Reg 2 Reg 28 Reg Reg 40 Reg 3 Reg4 Determine the annual savings in cash operating costs that would be realized if the cherry picker were purchased Annual savings in the operating costs Fog Req2A > DOLOT 14011 Preland Vwlue of Shah Periods M 2 2 4 COMO O O 10 MOHD 10 11 12 O WOD 6 99 T2 0 149 0.962 0052 0943 0005 092 0917 0909 0.901 000 0005 0.877 037 0362 0155 0.547 030 ON 0126 01:20 0.00 0.000000 30 21 22 2 34 25 0.925 0907 0990 0.33 0.2 0326 0.812 0797 0703 0700 0.6 070 000 0.009 064 0.040 0704720707310712 033 0675 0.000 061 0624 0600 0.593 0.57 0554 0551 OST 0534 030 0706064 063 0672 00050 0640 0650123 072 076) 0000 000 000 000 000 0.592 0512 0.552 05046510499 02 0467041 0.0003 0.40 01122 0714 0747070 01 0050 0621 0.53 0.567 050 0.50 0.00 0.400.456.0 0.410002 0.000 035 031 0320 0.790074 0705 06060030 0.00 0.64 0.535 0.507 0.400 0.456 0.400 0.410 0.0 0.0 0.0 0.0 0.303.021 020202 0.0001 0.665 003 053 054) 050 0.002 0.452 0425 0.400 0.37 0.54 0.33 0.26 027 026 0.299 0.75 072030 07310077 0627 050 540 0502 04670434 0406 036 0351 0327 0.305 0205 0266 0.0022 0.20 0.204 000 0703065 0.592 054 0.500 0.400 0024 0.301 0361 0.3 0.30 0.21 0203 020 0225 0.200 000067 0.670001 0.50 0.500 0.400 0.422.30 032 0332 0295 020 022 0.22 0.200 00196 000 000 000 0.00055 0527 0.4 0429 30350 01 02 0.361 0237 025 0.105 00 00 00 002 010 03030094 000 0.025 0.557 0.007 0.41 0.397 0.356 0110 0.206 0.24 0.22 0.208 00001520100400102 000 000 000 000 060000 0.400 0.41 0.08 0.20 0.20 0.250 0220 0.20401203 05 010 00904 00 00 00 00 0.00 0.00 0.5770505041200340 0.20 0.20 0232 0205 0100 01 000m 0000 00011 000 0062 0000 0000 000 055 0.481040 032 031 0275 623 0.200 0 0001400 01000095 0.004 OON 0000057001100100005 05540450 03040090202 0252 0210038 O 001230070003 000 0002 0054 000 0.04 0.000000 050 000 0.371 000270 0231 0190 0.100 01250300 0000 0000 0000 0000 0052 0005 006 0054 0000 0020 0023 0494 0.4 0.950 026 0250 0212000153 0.095 000 0.00000500051 004 003 002 003 0004 0.0010 0.05 06 03 02n 62120194 0640000 0000 0000 0000 0000 000 000 000 0097 0.023 000 000 0856-00:3120258 02100 ONS 0124 0904 0.002 0.073 0.00 0.051 000 002 0.001 002 0022 000 000 000 0.400 0.30 0.2040343 01 0164 005 0112 0000 0077 0.064 0053 004 003 00 0.0200022 0.0000000000000 042203420271 0.276 014 0:50 01210101 000 006 005 004 003 0032 0026 0.002 0.010095 000 0.00 0.000000 0,000 0.326 0.262 0.2110170080112 0.0000 0000 0000 00400033 0.027 0022 000 000 002 0010 0.00 0.007 0000 6.390 0.1002007 0126 0102 0.002 0.006 005 000 DOOS 0020 002 001 0.05 000 000 000 0002 0.006 0005 0.375 0295 0233 38060160092 0.0% 0.069 0047 00310030 0.034 0020 000 000 000 000 000 000 0005 2004 0361 0281 0220 0172 01350106 0064 0.066 0.0500012 0033 0026 0.021 0on OON 0.00 0.00 0.00 0.00 0.00 0.0040.00 0.37 0.20 0.207 301 0125 000 000 0000 000 0037 0029 0.023 0.018 001 0.01 0000 000 0006 2005 2004 2003 2000 030255 0990150 0110 00000000054 000 003 0026 00200016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.002 030240100 01010012 006 0.040 00 0029 0022 0.01 0.05 00 0.00 0.00 0.00 0.00 0.00 0.00 0.002 0.002 03080210174 00090075 005 004 000 0026 0.02000150012 000 0002 0.005 0.001 000 000 000 000 000 0.208 0342 000 000 0045 0032 0.002 0015 on 0.008 0.005 000 0000 0.00 0.00 0.001 000 0000 0000 0000 0000 0000 4 15 10 TY 1 19 20 21 22 23 24 25 20 27 21 29 30 40 00010 USLO 000000000020000000 EXHIBIT 145-2 Pretant Vale of an Annuity of 1 in Arreark 51 **- ahor 8.733 Periods 4 5% 65 23 BN SON 11% 123 tos 14 15 1 1 183 193 20% 0.962 0952 0943 20 221 22 0935 0.926 0917 0 909 0.901 0893 08850077 0.370 0362 0.955 0547 0.540 038 0260120 00 0.06 0.000 2 11:36 1859 1833 1808 1780 1.750 1736 1713 1690 1660 1647 1626 1606 158515661541 3 1538 15099204 2775 1457 1.440 2723 2673 2624 2577 2531 2487 2444 2402 2361 2222 223 2246 2210 2174 4 3630 2300 2306 2016 2042 2011 3.465 19 2546 1953 3.387332 3.240 3.170 3302 3037 2.974 295 2855 2.708 273 2.800 2.699 2599 2540 2494 2443 2401 240 5 4.452 4329 212 4100 3993 3.890 3.791 30.95 3605 2.517 3.433 3.352 3274 3199 327 3058 2991 2.926 2564 2.303 275 2505 5.2425078 4917 4767 4623 4416 4355 4231 411 3.99 3.889 3.784 3685 3589 390 3.40 3326 3245 3167 1002 3020 2.951 7 6.002 5.786 5582 5389 5206 5,033 436847124564 4423 4208 4100 4.0093922 1812 37063605 3.508 146 127 120391 8 6.463 6210 5.971 57475.535 5.335 5.146 4968 4799 439 4487 434442074078 954 3.37 37202619 3510 3421 3.329 9 7435 2008 6.802 6.515 6247 5.995 57595,537 5328 5132 4.946 477246074451 4.500 4563 4031 905 3706367335663453 10 8:11 2722 7360 7024 6.710 6.418 6545 5.889 5.650 5.426 5216 5019 4.833 4659 449443394192 4054 292137993582 1571 11 8.760 8306 7887 7499 7139 6.805 6.495 6.207 5938 5607 5450 5234 5.029 4896 4650 4436 4.3274 40353502 3775 1656 12 93858.853 8.38.4 7943 7.536 2161 6.814 6.492 6.1945.916 5.680 5.421 5197 4.999 4793461 4.439 4270 4127 3.995 305 3725 1 9.986 9.1948.853 8 358 7904 7487 2100 6.750 6.424 6.122 5.342 5.583 53425118 4950 4715 45334362 4203 4.053 1912 1750 10.563 9.899 9.295 8.745 8.244 2786 73676.982 6.628 6.302 6.002 5.724 5.460 5.229 500848024611 4432 4265 410029021526 15 11118 10.3809712 9109 8.559 1.061 2006 7191 611 6462 6342 58475 575 5324 5.092 475 4.675 4499 4315 40013050 16 11652 10.83810106 9.447 8951 8.313 7824 2379 6.974 6.604 6.265 5954 5.668 5405 5.1624938 47304536 4357 41894033167 17 12.166 11274 10.477 9763 9.122 B 544 802275497120 67296373 6.047 5.749 5.475 5222 4990 4775457543914219 4059 300 18 1265911690 10.828 10.059 9372 8.750 8.2012702 7.250 6.840 6.467 6128 5 818 5534 5.2735033 4012 26084419 424340802920 19 13.134 1208511158 10.336 9604 8.950 8.365 2839 73666.938 6.550 6.1985877 5.584 5356 5070 480 4635 444242634097 3942 20 13.590 12.462 11470 10:594 9.818 9.129 8.5142963 2469 7025 6623 6.259 5.929 5.628 5353 5301 4.870 4657 44604279103954 21 14 029 12821 11764 10.836 10.017 9292 8.649 8.075 25627102 6687 6.3125.9735.665 5384 5127 4.991 4675 4.4764.29241213963 22 14.451 13:163 12.042 11.061 10.201 9442 8.7128.176 76457170 6743 6.359 60 5.696 5410 5149 49094.690 4438 4302 4003970 23 4.137 14.857 13.499 12.30311272 10371 9580 8.883 8.266 7718 7230 6.792 6.399 6,044 57235432 5167 49254703 4.499 4311 3.970 20 15 247 13.799 12.550 11469 10.529 9.707 8.985 8.348 278472836.835 634 6.073 5746 5.451 5.1824937 473 4.507 318 3 3.981 25 15672 14.094 12,783 1654 10.675 9.823 9.077 8.422 7343 73306.873 6.454 6.097 5706 5467 51954948 4721 4514 373 4147 31985 26 3.983 15983 14.375 13.003 11826 10 810 9929 8 489 7896 7372 6.906 6.491 6118 9161 5.783 5.480 5.206 4956 4728 4520 43284151 27 16.330 14663 13.211 11987 10 935 10.027 0237 8.548 7943 7409 6935 6.514 6136 57985492 52154964 4734 4524 433241543990 28 16.663 14.898 13.406 12:137 11051 10316 9.307 8602 7984 7441 6.9616534 6.152 5.810 5.502 5.2234970 47394528 43354157 3992 29 16 984 15.541 13.591 12.278 11:58 10198 93708650 3.022 7470 6.983 6,551 6.166 5.820 5510 52294975 4743 4531 4337 4.1593994 30 17292 15372 13.765 12.409 11258 10.274 9427 8.694 8.055 7495 70036.566 61775.829 550 5.235 4979 4745 4534 433945603995 40 19.793 17159 15.046 13 332 11.925 10.757 97798.951 8.244 7634 705 6.642 6233 5.871 5.518 5258 4997 4.7804544434741663999