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Merkon Cais bidding for construction of two warehoutes per year for the next 3 years. This project requires an indsat investment of $249.000 in machinery

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Merkon Cais bidding for construction of two warehoutes per year for the next 3 years. This project requires an indsat investment of $249.000 in machinery that will be fully depreciated to rero book value using straight line depreciation over the life of the project. The machinery can be sold at the end of the project for $115.000. The project also requires $18.000 in networking capital for the duration of the project. The variable cost per warehouse will be $148.000 and the foed costs will be $37.000 a year. The required rate of etum is 14 percent and the tax rate is 21 percent. What is the minimal amount the fem should bid pet warehouse? Round your answer to the nearest $100) Multiple Choice $214,300 $208.200 $208.400 $214100

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