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The Management of Wildhorse Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a windmill power farm.

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The Management of Wildhorse Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a windmill power farm. The costs and the cash flows from these systems are shown below. The company uses a 9 percent discount rate for all projects. Year 3 Year o Year 1 Year 2 Otis Forklifts $-3.113,450 5994.225 $1,359.886 Craigmore Forklifts $-4.129410 $860.236 $1760,225 52.128,497 $2.857.110 Calculate net present value (NPV). (Enter negative amounts using negative signes. 45.25. Do not round Discount factors. Round other intermediate calculations and final answers to decimal places, eg 1,525.) NPV Otis forklift $ Craigmore Forklifts $ Determine which forklift system should be purchased forklift system should be purchased

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