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James Bat became a baseball enthusiast at a very early age. All of his baseball experience has provided him valuable knowledge of the sport, and

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James Bat became a baseball enthusiast at a very early age. All of his baseball experience has provided him valuable knowledge of the sport, and he is thinking about going into the batting cage business. He estimates the construction of a state-of the-art building and the purchase of necessary equipment will cost $1,045,000. Both the facility and the equipment will be depreciated over 12 years using the straight-line method and are oxpected to have zero salvage values. His required rate of return is 9% (present value factor of 7.16073). Estimated annual net income is as follows: Clichere to view PV tableh. Your answar has been saved. Seescore details after the due date. The net present value (For calculation purposex, use 5 decimal ploces as disployed in the factor table provided, Round answer to 0 decimal ploces, 2.5,275. Net present value (b) The irteenal rate of return. (use the above table.) (Round answer to 0 decimol ploces es 15x) Internal rate of return

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