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1 The cost of equipment to apply epoxy paint to a warehouse floor is $1,400. Materials and supplies (masking tape, surface repair material, solvents, cleanup

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1 The cost of equipment to apply epoxy paint to a warehouse floor is $1,400. Materials and supplies (masking tape, surface repair material, solvents, cleanup supplies, etc.) will cost $2.03 per ft2 Alternatively, a contractor can be hired annually to do the job for $3.25 per ft2. If the cost of the equipment will be recovered at i = 10% per year over a three-year period with no salvage value, the number of square feet that must be treated each year to justify the equipment purchase is closest to Multiple Choice 460 ft2 O 953ft2 o 1148 ft2 2457ft2

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