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HydraSport Inc. is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for

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HydraSport Inc. is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for repair. The company has narrowed their choices down to two: the B14 Model and the F54 Model. Financial data about the two choices follows. B 14 Model F54 Model $300,000 $160,000 Investment Useful life (years) Estimated annual net cash inflows for useful life $70,000 $37.000 Residual value 30,000$6000 Straight-line Straight-line Depreciation method Required rate of return 16% 10% Using the net present value model, which alternative should the company select

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