Zoey Company is considering purchasing new equipment that costs $730,000. Its management estimates that the equipment will generate cash inflows as follows: Year 1 2 3 $210.000 210,000 262,000 262,000 162.000 4 5 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: 6% 7% 8% 9% 10% O A. $801,875 OB. $813,428 O C. $840,660 OD. $797,786
