Welch Corporation is planning an investment with the following characteristics (Ignore income taxes.): Useful life Yearly net cash inflow Salvage value Internal rate of return Required rate of return Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The initial cost of the equipment is closest to: Multiple Choice $560,100 8 years $ 80,000 $0 Cannot be determined from the given information. 13% 9%

Weich Corporation is plonning an investment with the following characteristics (ignore income taxes): Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using the tables provided. The initial cost of the equipment is closest to: Multiple Choice $560,100 Cannot be determined from the given information