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Use the information below to answer the following question(s). Miami Marine Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of

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Use the information below to answer the following question(s). Miami Marine 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 $320,000 8 F54 Model $240,000 8 Investment Useful life (years) Estimated annual net cash inflows for useful life Residual value Depreciation method Required rate of return $75,000 $40,000 $30,000 $10,000 Straight-line Straight-line 1496 10% The present value of future cash inflows from the F54 Model is closest to Select one: A $(21.930). B. $218,070 C. $213,400. D. $190,230

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