maintenance costing $30,000. The bulldozer uses fuel that is expected to cost $42 per hour of bulldozer operation a. Determine the equal annual net cash flows from operating the bulidorer. Use a minus sign to indicote cash cutfows b. Determine the net present value of the investment, assumung that the desired rate of retirn is 6%. Use the present value of an annuity of s1 table above. Round to. the nearest dollar. If required, use the minus sign to indicate a negative net present value. c. Should Briggs Excavation invest in the bulldorer, based on this analysis? , because the bullidpier cost is the present value of the cash flows at the minimum desired rate of retum of 6%. d. Determine the number of operating hours such that the present value of cash flows equals the amount to be invested: Round interim calculations and final answer to the nearest whole number. hours Net Present Value Method-Annuity Briggs Excavation Company is planning an investment of $1,399,000 for a bulldozen. The bulldozer is expected to operate for 3,000 hours per year for 10 years Customers will be charged $150 per hour for buldover work. The bulidozer operator costs $32 per hour in wages and benefts. The bullorer is expected to require annual maintenance costing $30,000. The bulidozer uses fuel that is expected to cost $42 per hour of bulldorer operation. Present Value of an Annuity of $1 at Compound Interest