12. 10.54 (Spreadsheet exercise, if instructed) You own and operate Braxon Consultants. A new CNC system will cost $350,000 now, have an AOC of $60,000, produce revenue estimated at $200,000 per year, have a useful life of 10 years, and bring a salvage of 20% of first cost. You expect a real MARR of 8% per year and realize that inflation averages 3.5% per year. If you calculate the difference between the AW values with and without inflation considered, the difference is closest to: 1. $5,000 2. $10,000 3. $12,000 4. $15,000