Florida Construction Equipment Rentals (FCER) purchases a new iO,000-POund.rated Crane for rental to its customers. This crane Costs $1,125,000 and is expected to last for 25 years, at which time it will have an expected salvage value of $147,000. FCER earns $195,000 before-tax cash flow each year in rental income from this crane, and its total taxable income each year is between $10M and $15M. 1f FCER uses straight-line depreciation and a MARR of 15%, what is the present worth of the after-tax cash equipment? Should the company invest Contributed by Paul R. McCright, University of south Florida