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

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Cleveland Cove Enterprises is evaluating the purchase of an elaborate hydraulic system for all of its locations to use for the boals brought in for repair. The company has narrowed their choices down to two: the B4 Model and the F54 Model Financial data about the two choices follows 314 Model 754 Model Investment $310.000 $270.000 Use years) Estimated w al net cash whows for 590.000 $2.000 Residual value 30.000 $5.000 Depreciation method Straight line Straight line Required rate of retum What is the represent value of the 314 Model? Click the loon to view the present value of $1 table) Dia Table O A 506,045 negative OB. $118.040 positive OC. $426,640 positive OD 596,980 negative

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