Please answer part b

You need to know whether the building of a new warehouse is justified under the following conditions. The proposal is for a warehouse costing $390,000. The warehouse has an expected useful life of 40 years and a net salvage value (net proceeds from sale after tax of $20.000. Annual receipts $73.000 are expected. annual maintenance and administrative costs will be $24.000year, and annual income taxes are $12,000. Given the foregoing data, which of following statements are true? Click the icon to view the interest factors for discrete compounding when MARR = 22% per year. Click the icon to view the interest factors for discrete compounding when MARR = 27% per year. The proposal is justified for a MARR of 22%. Choose the correct answer below. False True The proposal has a net present worth of $252, 972 when 27% is used as the interest rate. Choose the correct answer below. True False