Current Attempt in Progress The owners of Sunland de Trois-Rivires hockey club are considering a deal with an older, established club whereby they can acquire the services of Pierre Sheridan, a very high scorer and great gate attraction, in exchange for Richard Wilson (currently paid $16,050 annually). The established club would also receive $535,000 cash from Sunland. The owners' accountants have assembled the following data: Estimated useful life of Sheridan Estimated residual value of Sheridan 5 years $21,400 Estimated useful life of Wilson Estimated residual value of Wilson Current cash offer for Wilson received from another club Applicable desired rate of return 5 years None $53,500 10%