TB MC Qu$.14-83($Algo$)$ The management of Byrge Corporation...

The management of Byrge Corporation is investigating buying a small used aircraft to use in making airborne inspections of its above$-$ground pipelines. The aircraft would have a useful life of $6$ years. The company uses a discount rate of $18\%$ in its capital budgeting. The net present of the investment, excluding the intangible benefits, is $$475,500.($Ignore income taxes.$)$

Click here to view Exhibit $14$B$-1$ and Exhibit $14$B$-2,$ to determine the appropriate discount factor$($s$)$ using the tables provided.

How large would the annual intangible benefit have to be to make the investment in the aircraft financially attractive? $($Round your interm calculations and final answer to the nearest whole dollar amount.$)$

Multiple Choice

$$475,500$

$$135,935$

$$79,250$

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$18$ of $20$

$Nex{t}_{(m)}>$