If a company is unable to use market-based transfer prices, the next best alternative is to use a price: Based on negotiation. Based on variable cost. Based on standard cost. Set by senior management. Langdon Company is considering purchasing a capital investment that is expected to provide annual cash inflows of $10,000 per year for 3 years. Assuming that Langdon's required rate of return is 8%, what is the present value of these cash inflows? (Do not round PV factors and intermediate calculations. Round your final answer to the nearest dollar.) $24, 018 $24, 869 $33, 121 $25, 771 Orlando Company placed $142 of raw materials into production. How would this transaction affect the company's financial statements