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Current Attempt in Progress The Management of Blossom Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for

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Current Attempt in Progress The Management of Blossom Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a windmill power farm. The costs and the cash flows from these systems are shown below. The company uses a 8 percent discount rate for all projects. Year o Year 1 Year 2 Year 3 Otis Forklifts $-3,104,450 $991,225 $1,376,886 $2,117,497 Craigmore Forklifts $-4,153,410 $856,236 $1,747,225 $2,878,110 Calculate net present value (NPV). (Enter negative amounts using negative sign e.g. -45.25. Do not round Discount factors. Round other intermediate calculations and final answers to 0 decimal places, e.g. 1,525.) NPV Otis forklift $ Calculate net present value (NPV). (Enter negative amounts using negative sign e.g.-45.25. Do not round Discount factors. Round other intermediate calculations and final answers to O decimal places, e.g. 1,525.) NPV Otis forklift $ Craigmore Forklifts $ $ Determine which forklift system should be purchased. forklift system should be purchased. Save for Later Attempts: 1 of 2 used Submit

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