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Liam 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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Liam 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 bullding and the parchase of necessary equipment will cost $805,000; Both the facility and the equipment will be depreciated over 12 years using the straight-4ine method and are expected to have zero salvage values. His required rate of return is 9% foresent value factor of 7.16073), Estimated aninal net income is as follows: Click here to view PV tabies. For this investment, calculate: The net present value. (Far calculation purposes, use 5 decimal places as displayed in the foctor table provided. Round answer to 0 decimal places, e.8. 5.275.) Net present value Attempts: 0 of 1 used (b) The parts of this question must be completed in order. This part will be avallable when you camplete the part above (c) The parts of this question must be completed in order. This part will be avaliable when you complete the part above

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