Kaleb Konstruction, Inc., has thefollowing mutually exclusive projects available. The company hashistorically used a three-year cutoff for projects. The requiredreturn is 11 percent.
Year
|
Project F
|
Project G
|
0
|
?$
|
139,000
|
?$
|
209,000
|
1
|
|
58,000
|
|
38,000
|
2
|
|
52,000
|
|
53,000
|
3
|
|
62,000
|
|
92,000
|
4
|
|
57,000
|
|
122,000
|
5
|
|
52,000
|
|
137,000
|
|
|
|
|
|
|