Question: ABC construction Inc. is considering whether to purchase a Caterpillar backhoe or not. The cost of the backhoe is $ 4 6 , 9 9

ABC construction Inc. is considering whether to purchase a Caterpillar backhoe or not. The cost of the backhoe is $46,994, the annual net benefit is $3,014, the company can sell the backhoe for $22,473 after 8 years. Given the company's MARR is 5%, what is the NPV of the backhoe?
ABC construction Inc. is considering whether to

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