(Present value tables are needed.) Cleveland Cove Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for repair. The company has narrowed their choices down to two-the B14 Model and the F54 Model. Financial data about the two choices follows.

(Present value tables are needed Cleveland Cove Enterprises is evaluating the purchase of an elaborate hydrau brought in for repair. The company has narrowed their choices down to two the B14 Model and the F54 Model B14 Model F54 Model Investment 240,000 320,000 Useful life (years) Estimated annual net cash inflows for useful life 70,000 5 35.000 Residual value 30,000 10.000 Depreciation method Straight Straight line Required rate of return 14% 10% What is the net present value(NPV) of the F54 Model and based on NPV which Model would you choose? O A $191.395 and choose F54 B. $75 and choose F54 O C. S53.275) and choose B14 O D. 48,605) and choose B14