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Fayette Corporation is considering imesting in specialured equpment costing $624,000. The equipment has a useful...

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Accounting

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Fayette Corporation is considering imesting in specialured equpment costing $624,000. The equipment has a useful ufe of 5 years and a residual value of $55,000. Depreciation is calculated usin the straight - Ine method, The expected net cash infows from the investment are: Fayetie Corporation's required rate of ratum is 16%. The net presect value of the investment is closest to. $143,648 positive. 3. $26,656 negative. C. $143,648 negative. D. $56,000 positive

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