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4. A small dozer is purchased for $110,000. A forecast of expected operating hours, salvage values, and maintenance expense is presented in the table:|

4. A small dozer is purchased for $110,000. A forecast of expected operating hours, salvage values, and maintenance expense is presented in the table:| Year Operating hours Salvage Maintenance expense 1 2000 82000 2250 2 1700 78000 2200 3 1500 75000 2100 4 1400 70000 2050 When the equipment should be changed based on the economic life cost analysis?

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