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Cleveland Cove Enterprises is evaluating the purchase of an elaborate hydraulic in system for all of its locations to use for the boat brought in

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Cleveland Cove Enterprises is evaluating the purchase of an elaborate hydraulic in system for all of its locations to use for the boat brought in for repair. The company has arrowed their choices down to be the 314 Model and the F4 Moot Financial data about the two choices follows B14 Model FSA Model Investment Useful life years) $250.000 $280,000 10 10 Estimated annual net cash inflows for useful $60,000 3.36.000 Residual value $20,000 $14.000 Depreciation method Straight-line Straight-ine Required rate of return 8% What is the not present value of the B14 Moder? Click the icon to view the present value of $1 Data Table O A 182.500 negative OB. $31.968 negative Present Value of $1 OC. 595.440 positive Periods 8% 10% 12% 14% 16% 6 0.630 0.564 OD $345.440 positive 0.507 0.456 0.410 7 0.583 0.513 0 452 0.400 0.354 B 0540 0.467 0.404 0.350 0.305 9 0.500 0.424 0.308 0263 10 0.463 0.30 0322 0.270 0.227 Py

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