2. Three pieces of equipment are being considered for identical service. The cost, yearly operating costs and the equipment lives are listed below. nstalled Cost 15,000 10,000 20,000 Yearly Operating Cost 2,000 3,000 2,000 Equipment Life 5 years 6 years 8 years Using a benchmark rate of 10% and neglecting depreciation, which equipment will you recommend? Will your decision change if the cost of the equipment can be depreciated using straight line method over five years and the tax rate is 25%