Q 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. B14 Model F54 Model Investment $340,000 $240,000 Useful life (years) 10 10 Estimated annual net cash inflows for useful life $60,000 $30,000 Residual value $40,000 $13,000 Depreciation method Straight-line Straight-line Required rate of return 12% 12% 6) (Pre hydra narrow choice: Invest What is the net present value of the B14 Model? Useful Estimate O A. $351,880 positive O B. $66,314 negative OC. $13,880 negative OD. $11,880 positive Residual Depreciat Required What is the AJ $15.260 pc B) S48,605 no C) $191,395 pc DJ $156,395 pc PLEASE SHOW 7:48 PM 3/21/2020 Click to select your answer. W