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Trident Office Is Considering Remodeling the Office Building It Leases

Question 60

Multiple Choice

Trident Office is considering remodeling the office building it leases to Robert Roberts, CPA.The remodeling costs are estimated at $ $225,000.If the building is remodeled, Robert Roberts, CPA has agreed to pay an additional $75,000 per year in rent for the next five years.The discount rate is 10 percent.What is the benefit of the remodeling project to Professional Properties?


A) $59,309.01
B) -$69,158.56
C) $69,158.56
D) $68,399.15
E) -61,417.03

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