Which one of the following would correctly describe the net realisable value of a two year old asset?     Select one alternative The original cost of the asset less two years' depreciation The cost of an equivalent new asset less two years' depreciation The amount that could be obtained from selling the asset, less any costs of disposal The present value of the future cash flows obtainable from continuing to use the asset

what is the sale price?

NPV; PI; payback; IRR Pete's Paving provides custom paving of sidewalks and driveways. One of the most labor-intensive aspects of the paving operation is preparing and mixing materials. Sharon Guillon, corporate engineer, has found new computerized equipment to mix (and monitor the mixing of) materials. According to information received by Guillon, the equipment's cost is $580,000 and has an expected life of eight years. If purchased, the new equipment would replace manually operated equipment. Data relating to the existing and replacement mixing equipment follow. Original cost Present book value Existing Equipment $56,000 $32,000 Annual cash operating costs $180,000 Fair value $12,000 Fair value in eight years Remaining useful life $0 8 years Replacement Equipment $580,000 $36,000 Cost Annual cash operating costs Fair value in eight years Useful life $0 8 years a. Assume that the company's cost of capital is 10 percent, which is to be used in discounted cash flow analysis. (1) Compute…

Can someone please solve this question using hand calculations only? PLEASE AND THANK YOU!!!