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Door to Door Moving Company is considering purchasing new equipment that costs $720,000. Its management estimates that the equipment will generate cash inflows as follows:

Door to Door Moving Company is considering purchasing new equipment that costs $720,000. Its management estimates that the equipment will generate cash inflows as follows: Year 1 $218,000 2 218,000 3 258,000 4 258,000 5 150,000 Present value of $1: 6% 7% 1 0.943 2 3 8% 9% 10% 0.935 0.926 0.917 0.909 0.890 0.873 0.857 0.842 0.826 0.840 0.816 0.794 0.772 0.751 A. $38,804 B. $774,000 C. $885,326 D. $884,000

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