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Current Attempt in Progress Crane, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant. Crane currently warehouses its

image text in transcribed Current Attempt in Progress Crane, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant. Crane currently warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inventory cost Crane $49920 per year. The building will cost Crane $468000. Crane will depreciate the building for 20 years. At the end of 20 years, the building will have a \$130000 salvage value. Crane's required rate of return is 10%. Click here to view the factor table. Using the present value tables, the building's net present value is (round to the nearest dollar) \$-43001. \$-23683. $424999. $998400

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