Joetz Corporation Has Gathered the Following Data on a Proposed

Multiple Choice

Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.) : Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided.The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment.The net present value of the investment is:

A) $15,636
B) $24,000
C) $45,636
D) $60,000