Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway.Dandy's has narrowed their choices down totwo: the Wacky Water Race game and the Whackminus

Aminus

Mole game. Financial data about the two choices follows.

Wacky Water

Race

Whackminus

Aminus

Mole

Investment

$31,000

$15,000

Useful life

6

6

Estimated annual net cash inflows for 6 years

$8,000

$9,000

Residual value

$3,000

$2,000

Depreciation method

straightminus

line

straightminus

line

Required rate of return

4%

10%

What is the net present value of the Wacky Water Racegame?