Year 1 $50,000 Year 2 $80,000 Year 3 $90,000 Year 4 $110,000 Year 5 $84,000 Year 6 $82,000 Sunny Days Corporation's hurdle rate is 10%. Assume the residual value is zero. What is the net present value of the equipment? (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) O A. $2,266 Data Table OB. $22,662 OC. $(22,662) OD. $24,928 1 Present Value of Annuity of $1 Periods 10% 0.909 2 1.736 3 2.487 4 3.170 5 3.791 6 4.355 12% 0.893 1.690 2.402 3.037 3.605 4.111 14% 0.877 1.647 2.322 2.914 3.433 3.889 16% 0.862 1.605 2.246 2.798 3.274 3.685 Print Done Data Table Present Value of $1 Periods 1 2 3 4 5 6 10% 0.909 0.826 0.751 0.683 0.621 0.564 12% 0.893 0.797 0.712 0.636 0.567 0.507 14% 0.877 0.769 0.675 0.592 0.519 0.456 16% 0.862 0.743 0.641 0.552 0.476 0.410 Print Done Year 1 $50,000 Year 2 $80,000 Year 3 $90,000 Year 4 $110,000 Year 5 $84,000 Year 6 $82,000 Sunny Days Corporation's hurdle rate is 10%. Assume the residual value is zero. What is the net present value of the equipment? (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) O A. $2,266 Data Table OB. $22,662 OC. $(22,662) OD. $24,928 1 Present Value of Annuity of $1 Periods 10% 0.909 2 1.736 3 2.487 4 3.170 5 3.791 6 4.355 12% 0.893 1.690 2.402 3.037 3.605 4.111 14% 0.877 1.647 2.322 2.914 3.433 3.889 16% 0.862 1.605 2.246 2.798 3.274 3.685 Print Done Data Table Present Value of $1 Periods 1 2 3 4 5 6 10% 0.909 0.826 0.751 0.683 0.621 0.564 12% 0.893 0.797 0.712 0.636 0.567 0.507 14% 0.877 0.769 0.675 0.592 0.519 0.456 16% 0.862 0.743 0.641 0.552 0.476 0.410 Print Done