I submitted this question to chegg once and I did not get the right answer. So it would be great if someone could help me out with this problem
Project 1: Retcoling Manufacturing Facility This project would require an initial investment of $4,850000. it would generate $355,000 i cash now each year. The new machinery has a useful re of eight years and a salvage value of 51,000,000 Project 2: Purchase Patent for New Praduct The patent would cost $3,400,000, wnich would bctully amortizod ovornvc ycars Froduction otthis product would encratc $425000 addtonal annual nct incomC for Ho mc. Project 3: Purchase a New Fleet of Delvery Trucks Heame could purchase 25 new delvery tucks a a cast af S115 000 each. The fneet would have a useful life of 10 years, and each truck woulc nave a salvage value o 5,000 Purchasing the neet would alkowlearne to expand its cusiemer tentory resulling in 3200.000 of adtilional net in additional net uld gencratc a useful life oule nave , Purchasing oul nave per yea
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