24-25A city is offering to install and operate a water pumping station to provide service to a . The station will cost $50,000 now plus it will incur proposed new production facility S10,000 per year in operating costs for the next 3 years, all measured in year- To reimburse the city, the new business must pay a fixed uniform annual fee, real dollars. A, at the end of cach year for 3 years to cover the construction and operating costs of the of agreed that the city should receive a 5% real rate of return after taking an inflation rate 3.8% into account. Determine the equivalent uniform annual cost in actual dollars to th 1=6.635 +0.05,(.0% new business. .0 DIF Year Reals 0 $50,000 Actuals 26,000 | $10,000 | 107 3 $10,000 NPW =