Gordon Manufacturing is considering following two investment proposals:

Inve stment V Geful life Estimated annual net cash ws received at the end of each ear Residual value D rectatior. metho d A disco rate Pro sal 536,000 32,000 364,000 Strai lit-lit: Pro salY sj04,ooo Slos,ooo so Strai lit-Iin Compute the present value of the future cash inflows from Proposal X. Present value of an o 0.926 1.783 2.377 3312 3.993 4623 Present value of S I 0.926 0.794 0.73: OSSI 0630 annui of S I 1.739 2.331 3240 3.890 4.4 86 0.842 0.772 0.708 o.i96 0909 1.736 3.170 3.791 0909 0.826 0683 0621 0.364