NE FRIRTER VERSION NACK cxercise 6-12 The Cheyenne Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Cheyenne has decided to locate a new factory in the Panama City area, Cheyenne will either buy or lease a site depending upon which is more advantageous. The ste location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs. Building At Purchase for a cash price of $615,000, useful life 28 years. Building B: Lease for 28 years with annual lease payments of $71,570 being made at the beginning of the year. Building C: Purchase for $659,900 cash. This building is larger than needed; however, the excess space can be sublet for 28 years at a net annual rental of 56,870. Rental payments will be received at the end of each year. The Cheyenne Inc. has no aversion to being a landlord. Click here to view factor tables In which bullding would you recommend that The Cheyenne Inc. locate, assuming a 12% cost of funds? (Round factor values to s decimal places, eg. 1.25124 and final answer to decimal places, e.g. 458,581.) Net Present Value Building A Building B $ Building C The Cheyenne Inc. should locate itself in LIM TO TEXT Question Attempts o of used SAVE POR LATTE SUARIT