Exercise 6-12 The Martinez Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Martinez has decided to locate a new factory in the Panama City area. Martinez will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar bulldings that will meet their needs. Bullding A: Purchase for a cash price of $619,800, useful life 26 years. Bullding B: Lease for 26 years with annual lease payments of $71,730 being made at the beginning of the year. Building C: Purchase for $650,100 cash. This building is larger than needed; however, the excess space can be sublet for 26 years at a net annual rental of $6,810. Rental payments will be received at the end of each year. The Martinez Inc, has no aversion to being a landlord. Click here to view factor tables In which building would you recommend that The Martinez Inc. locate, assuming a 11% cost of funds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Net Present Value Building A 619800 $ Building B Building C The Martinez Inc. should locate itself in 7