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oor to Door Moving Company is considering purchasing new equipment that costs $ 730 comma 000$730,000. Its management estimates that the equipment will generate cash

oor to Door Moving Company is considering purchasing new equipment that costs

$ 730 comma 000$730,000.

Its management estimates that the equipment will generate cash inflows as follows:

Year 1

$ 204 comma 000$204,000

2

204 comma 000204,000

3

264 comma 000264,000

4

264 comma 000264,000

5

170 comma 000170,000

Present value of $1:

6%

7%

8%

9%

10%

1

0.943

0.935

0.926

0.917

0.909

2

0.890

0.873

0.857

0.842

0.826

3

0.840

0.816

0.794

0.772

0.751

4

0.792

0.763

0.735

0.708

0.683

5

0.747

0.713

0.681

0.650

0.621

The company's annual required rate of return is 8%. Using the factors in the table, calculate the present value of the cash inflows. (Round all calculations to the nearest whole dollar.)

A.

$ 792 comma 000$792,000

B.

$ 883 comma 158$883,158

C.

$ 36 comma 312$36,312

D.

$ 902 comma 000

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