Elsie Moving Company Is Considering Purchasing New Equipment That Costs

Elsie Moving Company is considering purchasing new equipment that costs $724,000.Its management estimates that the equipment will generate cash flows as follows:

The company's required rate of return is 10%.Using the factors in the table below,calculate the present value of the cash inflows.(Round all calculations to the nearest whole dollar. )
Present value of $1:

A) $791,229
B) $795,284
C) $838,778
D) $806,742