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Click Submit to complete this assessment. Question 17 Question 17 1 points Save le Bruce Moneybags owns several restaurants and hotels near apocal interstate. One

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Click Submit to complete this assessment. Question 17 Question 17 1 points Save le Bruce Moneybags owns several restaurants and hotels near apocal interstate. One restaurant, Beef and More, originally cost $1.8 mi is curently fully paid for, but needs modemize Bruce is trying to decide whether to accept an offer and sell Beef and More, as is, for the offer price of $1.1 million or renovate theant himself. The projected renovation cost is S million. The restaurant would need to be shut down completely during the renovation which would cause an aftertax net loss of 1 the cash inflows from the renovated restaurant is $3.2 million. When analyzing the renovation project, what cost, if any, should be used for the current restaurant? day's dotars. The estimated present value O $3.2 million - ($1.8 million+ 1.3 million+ 90,000) O $1.8 million+ 1.3 million+ 90,000 O $1.1 million $90,000 O $0 O $1.1 million FUTURE ACCOUNTANT

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