#5 (10 marks) (5) Microsurfacing is part of a pavement restoration and maintenance program that seals the surface of a street that has minor cracking to prevent water from penetrating into the base material. The annual cost of the equipment (truck, tank, valves, etc.) is $102,000 per year and the material cost is $3.00 per square yard. Alternatively, regular street resurfacing requires equipment that has a first cost of $224,000 with a twenty-year life and no salvage value. The variable cost for regular resurfacing is $10.40 per square yard. At an annual 8% interest rate, how many square yards per year must be resurfaced for the two methods to break even