Question

Find the capitalized cost for the following information: Note: Write a positive number, with at least...

Find the capitalized cost for the following information:

Note: Write a positive number, with at least one digit after the decimal point.

First cost, $

290,000

Cost at the end of year 4

110,000

Annual cost, $

22,000

Periodic costs, every 5 years, $

63,000

Salvage value, $

15,000

Interest rate, %

2
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