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Hadden Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to purchase equipment. The equipment will have a

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Hadden Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to purchase equipment. The equipment will have a residual equipment is 4 years. The new project is expected to generate additional net cash inflow of $19,000 per year for each of the four years. The company's required rate of retumia 10%. The Present Value of $1 Periods 10% 12% 14% 1 an initial investment of $30,000 to purchase equipment. The equipment will have a residual value at the end of its life of $3,000. The useful life of the 319,000 per year for each of the four years. The company's required rate of retum is 10%. The net present value of this project is closest to Present Value of $1 Periods 3 4 5 6 10% 0.751 0.683 0.621 0.564 12% 0.712 0.636 0.567 0.507 14% 0.675 0.592 0.519 0.456 16% 0.641 0.552 0.476 0.410 Present Value of Annuity of $1 Periods 10% 3 2.487 4 3.170 3.791 6 4.355 12% 2.402 3.037 3.605 4.111 14% 2.322 2.914 3.433 3.889 16% 2.246 2.798 3.274 3.685 A. $18,359 B. $32,279 c. $41,789 D. $30.230

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