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Dandys Fun Park is evaluating the purchase of a new game to be located on its Midway Dandy's has narrowed their choices down to two:

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Dandys Fun Park is evaluating the purchase of a new game to be located on its Midway Dandy's has narrowed their choices down to two: the Wacky Water Race game and the Whack- A- Mole game. Financial data about the two choices follows' Wacky Water Whack A Race Mole Investment $37,000 $24,000 Useful life 7 7 Estimated annual net cash inows for 7 years $5.000 $4.000 Residual value $4,000 $3,000 Depreciation method straight line straight line Required rate of return 10% 12% What is the total present value of future cash inows and residual value from the Wacky Water Race game? a (Click the icon to view the present value of $1 tablet)

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