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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

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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 for repair. The company has narrowed their choices down to two: the B14 Model and the F54 Model Financial Gata about the two choices follows B14 Model F54 Model Investment $200,000 $180,000 Usul (years) 10 10 Estimated annual net cash Infows for useful life $70,000 $30.000 Residual value $10,000 $5,000 Depreciation method Straight-line Straight-ine Required rate of return 14% 12% What is the nat present value of the B14 Moder? Ok the icon to view the present value of $1 tabia.) Data Table O A $367.820 positive OB. 572.420 negative Present Value of $1 OC 577,620 positive Periods 10% 12% OD. $8,890 negative 0.630 0.64 0.507 0.53 0.452 0.400 0.35 0.404 0.361 0.386 0322 0270 14% 0.456 16% 0.410 7 0513 0.487 0.424 0.540 0.500 0.463 9 10 0351 0.300 0.305 0.263 0227 Click to select your answer Print Done

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