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Tulsa Company is considering investing in new botting equipment and has two options: Option A has a lower initial cost but would salvage value at

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Tulsa Company is considering investing in new botting equipment and has two options: Option A has a lower initial cost but would salvage value at the end of its useful life. Tulsa's cost of capital is il percent. The following estimates of the cash flows were developed by Tulsa's controller: Required: 1. Calculate NPV. (Euture Value of S1.Present Value of \$1, Future Value Annuity of S1, Present Value Anmuity of \$1.) 2. Determine which option Tulsa should select? Calculate NPV. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1. ) "Present values" to 2 decimal places

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