Cleveland Cove Enterprises in the purchase of an elaborate hyra it yem for at locations for the bow brought in for repel. The company has arrowderchos do 14 Mond the Mode Frantial but the two choice for 614 Model 7 Model Investment 3230 000 $220.000 Usefe year) . Esime net worth 110.000 10.000 Hedale 540000 5.000 Depreciation med grim 14 10 What is thereforment of the 12 de in the SA H.26 5133200 DE 500g OD 145.200 powie Cleveland Cove Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in fc Financial data about the two choices follows. B14 Model F54 Model Investment $330,000 $220,000 Useful life (years) 8 8 Estimated annual net cash inflows for useful life $90,000 $40,000 Residual value $40,000 $5,000 Depreciation method Straight-line Straight-line Required rate of return 12% 10% What is the net present value of the B14 Model? (Click the icon to view the present value of $1 table.) Data Table O A. $4,265 negative B. $133,280 positive OC. $100,960 negative D. $463,280 positive Present Value of $1 Periods 6 7 8 9 8% 0.630 0.583 0.540 0.500 raulic lift system for all of its locations to use for the boats brought in for repair. The company has narrowed their choices down to two the B14 Model and the F54 Model B14 Model $330,000 8 $90,000 $40.000 Straight-line 12% F54 Model $220,000 8 $40,000 $5,000 Straight-line 10% Data Table Present Value of $1 Periods 6 7 8% 0.630 0.583 0.540 0.500 0.463 10% 0.564 0.513 0.467 0.424 0 386 12% 0.507 0.452 0.404 0.361 0.322 145 0.456 0.400 0.351 0308 0.270 16% 0.410 0.354 0.305 0.263 0227 B 9 10