What is the net present value for the snack? machines?

Cleveland Cove 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. ?(For the B14? Model, the present value for this scenario is

0.3050.305

and the present value of annuity is

4.3444.344.

For the F54? Model, the present value for this scenario is

0.4670.467

and the present value for annuity is

5.3355.335?.)

	B14 Model	F54 Model
Investment	$ 330 comma 000$330,000	$ 170 comma 000$170,000
Useful life? (years)	88	88
Estimated annual net cash inflows for useful life	$ 80 comma 000$80,000	$ 33 comma 000$33,000
Residual value	$ 20 comma 000$20,000	$ 12 comma 000$12,000
Depreciation method	Straightminus?line	Straightminus?line
Required rate of return	1616?%	1010?%

Using the net present value? model, which alternative should the company? select?