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William Bat became a baseball enthusiast at a very early age. All of his baseball experience has provided him valuable knowledge of the sport, and
William Bat became a baseball enthusiast at a very early age. All of his baseball experience has provided him valuable knowledge of the sport, and he is thinking about going into the batting cage business. He estimates the construction of a stateoftheart building and the purchase of necessary equipment will cost $ Both the facility and the equipment will be depreciated over years using the straightline method and are expected to have zero salvage values. His required rate of return is present value factor of Estimated annual net income is as follows:
Revenue
$
Less:
tableUtility cost$Supplies$LaborDepreciationOtherNet income,,$
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