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Net Present Value Method-Annuity Osborne Excavation Company is planning an investment of $249,400 for a bulldozer. The bulldozer is expected to operate for 1,000

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Net Present Value Method-Annuity Osborne Excavation Company is planning an investment of $249,400 for a bulldozer. The bulldozer is expected to operate for 1,000 hours per year for five years. Customers will be charged $145 per hour for bulldozer work. The bulldozer operator costs $31 per hour in wages and benefits. The bulldozer is expected to require annual maintenance costing $10,000. The bulldozer uses fuel that is expected to cost $41 per hour of bulldozer operation. Present Value of an Annulty of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 S 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 7 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 a. Determine the equal annual net cash flows from operating the bulldozer. Enter all amounts as positive numbers.

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