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 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 at Investment $32,000 $29,000 Useful life 6 6 Estimated annual net cash inflows for 6 years $7,784 56,273 Residual value $0 $0 Cor Depreciation method straight-line straight-line B If internal rate of return is used to decide which project the decision would be? OM KM ndy O A. Choose Whacky Water Race which is 2.4% higher O B. Choose Wacky Water Race which is 4% higher C. Choose Whack A Mole which is 2.4% lower OD. Choose Whack A Mole which is 4% lower Data Table Present Value of $1 Periods 1 2. 3 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 4 6% 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 8% 0.926 0.857 0.794 0.735 0.681 0.630 0.583 0.540 10% 0.909 0.826 0.751 0 683 0.621 0.564 0513 0.467 12% 0.893 0.797 0.712 0636 0.567 0.507 0.452 0.404 5 the 6 7 8 Print Done