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Current Altempt in Progress Grouper Inc, thanufacturesice tea and would like to increase its market share in the North. in order to do so, Grouper

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Current Altempt in Progress Grouper Inc, thanufacturesice tea and would like to increase its market share in the North. in order to do so, Grouper has decided to locite a new factory in the Cedar Rapid area. Grouper will elther buy or leasea site depending upon which is more advantageous, The site location committec has nacrowed down the avaliable sites to the following three buildings: Bulding A Purchase fot a cashpice or $4,545,000, useful iffe 27 years: Building B:tease for 27 years with annual lease payments of $123,000 being made at the beginning of the year. Building C: Purchase for $1,967,000 cash. This building is larger thanneeded, however, the exess spoce can be sublet for 27 years at a net annual rental of $20,100. Rental payments will be received at the end of each year, Grouper inc has no aversion to being a landitord. Clickhere to view factor tables In which building would you recornmend that Grouper inc locate, assuming a 12% cost of funds? (Reund foctor values to 5 decimal ploces es. 1.25124 and final answers to 2 decimal pleces, es. 4,585.81]

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