An refinisher of antiques named Constance has been so successful with her small business that she is planning to expand her shop with all new equipment. She is going to start enlarging her shop by purchasing the following equipment.

What would be the net cost to Constance to obtain this equipment-assume that she can trade the old equipment in for 15% of its original cost. Assume also that the relative price to purchase the equipment has not changed over time (that is, there has been no inflation in equipment prices).

Transcribed Image Text:

Cost of Power New Origioal Original Siing Equipment Equipment Size Equipment Exponen Size Vamush bath Power scraper Paint booth 50 gal 3/4 hp $3500 S250 S3000 0.80 0.22 0.6 75 gal 1.5 hp 12 fr