Cleveland Cove Enterprises is evaluating the purchase of an elaborate hydraulic int 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 Financial data about the two choices follows B14 Model F54 Model Investment $310,000 $210,000 Useful life (years) Estimated annual net cash inflows for useful life $60,000 $39.000 Residual value $50,000 $19,000 Depreciation method Straight-line Straight-line Required rate of return 12% 12% What is the net present value of the B14 Model? (Click the icon to view the present value of $1 table.) O A. $318 280 positive O B. $8,572 negative O C. $32,120 negative OD. $8,280 positive $60.000 $39.000 eful life (years) mated annualnat.cash inflows for useful life idual val preciation Data Table quired ral at is the Present Value of $1 (Click the Periods 8% 0 630 14. 5310 0.583 B. $8,5 8 0.540 9 0.500 10 0.463 14% 10% 0.564 0.456 12% 0.507 0.452 0.404 0.361 0.322 0.513 0.467 0.424 0.386 0.400 0.351 0.308 16% 0410 0.354 0.305 0.263 0.227 c. $34 0 270 Print Done