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Balloons By Sunset (BBS) is considering theBalloons By Sunset (BBS) is considering the purchase of...

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Accounting

Balloons By Sunset (BBS) is considering theBalloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information about the proposed investment follows: (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) Note: Use appropriate factor(s) from the tables provided. Initial investment (for two hot air balloons) $ 374,000 Useful life 6 years Salvage value $ 44,000 Annual

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