The Teal Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Teal has decided to locate a new factory in the Panama City area. Teal will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs. Building A: Purchase for a cash price of $610,000, useful life 27 years. Building B: Lease for 27 years with annual lease payments of $71.570 being made at the beginning of the year. Building C: Purchase for $650,800 cash. This building is larger than needed; however, the excess space can be sublet for 27 years at a net annual rental of $6,890. Rental payments will be received at the end of each year. The Teal Inc. has no aversion to being a landlord Click here to view factor tables In which building would you recommend that The Teal Inc. locate, assuming a 11% cost of funds? (Round factor values to 5 decimal places. eg 1.25124 and final answer to O decimal places, eg. 458,581) Net Present Value Building A $ 610000 Building B $ 640018 Building C S The Teal Inc. should locate itself in Building C Save for Later Last saved 11 days ago Saved work will be auto-submitted on the due date. Auto- submission.can take up to 10 minutes Attempts: 0 of 5 used Submit