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please answer question completely using multiple choice Croce, Inc., is investigating an investment in equipment that would have a useful life of 12 years. The

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please answer question completely using multiple choice

Croce, Inc., is investigating an investment in equipment that would have a useful life of 12 years. The company uses a discount rate of 17% in its capital budgeting. The net present value of the investment, excluding the salvage value, is -$580,153. (Ignore income taxes.) Click here to view Exhibit 7B-1 and Exhibit 7B-2, to determine the appropriate discount factor(s) using the tables provided How large would the salvage value of the equipment have to be to make the investment in the equipment financially attractive? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) EXHIBIT 7B-1 Present Value of $1; ( 11 11% H 3 Periods 4% 7% 10% 1296 13% M ll 169 17% 19 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0893 0.885 0877 0.870 0862 0.855 0.847 0.8 0 925 0.907 0.890 0873 0.857 0.842 0826 0812 0797 0783 0769 0756 0743 0731 0 7180 3 0.889 0.864 0.840 0816 0794 0772 0.751 0731 0712 0.693 0675 0658 0641 0624 060905 4 0855 0823 0.792 0763 0735 0708 0683 0659 0.636 06130592 0.572 0.552 0534 0.516 0.4 5 0 822 0784 0.747 0713 0681 0650 0621 0593 0567 0543 0519 0497 04767140456 0437 04 6 0790 0.746 0.705 0666 0630 0.596 0.564 0.535 0507 0480 0456 0432 0 410 0.390 0.370 03 7 0 760 0711 0665 0623 0583 0.547 0513 0482 0452 0425 0 400 0 376 0354 0.33310 314 012 8 0.731 0677 0627 0582 05440502 04670434 0404 0376 0351 031 0305 0285 0266 02- 9 07030645 0.592 0544 05000 450 04240391 01361 0333 01308 0.284 0263.0 243 0225 02 0676 0614 0558 0508 0463 0422 0.386 0352 0 322 0295 0270 0247 0227 0 208 0191 017 0650 0585 0527_0475 0429 8803500817 D787261 0 2015 195 178 0102011 0625 0.557 04970444 0.397 0356 03199 02860257 0231 020 0157 1970Z 0601 0530 0469 0415 035203260291 0.25% 0.229 0204 82 D G 0.577 0505 0442 0388 0340 0299 o 760232 0205 0181 O100 1101991 0555, 0481 0417 0 362 0:315 0275 0.2390 209.0183 UU 0004 0.07 0534 0458 0394 og 0792 0252 0218 Gixx THE 05130436 0376 0317 NERET 01015 0.494 0416 0 350 0296 0 250 0 2120180 015300 cm Obchod 0475 096 073312200 0738 LOMONDHAUST 04003 0 456 00 3120 258 02153078 1240391 401521144 23 002 0422 0342 0218122501440100111120407 0406 0326262 0102-02 20019 05 THE 0361 0281 02200172 ordogno 0347 0268 207 0161 0333 0255 0196 015016 0325 02430185 0141 0108022310174 7131 00199 00 00 00:12 mifit 0 208 0142 . 1097 0067 0046 0032002741015 og 2 Multiple Choice O O $580,153 O $98,626 $3,412,665 $3.816,796

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