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Sandhill , Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant, Sandhill currently warehouses its inventory in a

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Sandhill , Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant, Sandhill currently warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inventory cost Sandhill $57600 per year. The building will cost Sandhill $540000, Sandhill will depreciate the building for 20 years. At the end of 20 years, the building will have a $150000 salvage value Sandhill's required rate of return is 12%. Click here to view the factor table. Using the present value tables, the building's net present value is round to the nearest dollar) $1152000 5.94208 $52163 $445792

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