A 50-kilowatt gas turbine has an investment cost of $45,000. It costs another $15,000 for shipping, insurance, site preparation, fuel lines, and fuel storage tanks. The operation and maintenance expense for this turbine is $450 per year. Additionally, the hourly fuel expense for running the turbine is $7.25 per hour, and the turbine is expected to operate 2,500 hours each year. The cost of dismantling and disposing of the turbine at the end of its 6-year life is $7,500. a. If the MARR is 12% per year, what is the annual equivalent life-cycle cost of the gas turbine? b. What percent of annual life-cycle cost is related to fuel? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year. a. The annual equivalent life-cycle cost of the gas turbine is $ (Round to the nearest dollar.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{5}{|c|}{ Discrete Compounding; i=12%} & \\ \hline & \multicolumn{2}{|c|}{ Single Payment } & \multicolumn{4}{|c|}{\begin{tabular}{l} ompounding; l=12% \\ Uniform Series \end{tabular}} \\ \hline & \begin{tabular}{l} Compound \\ Amount \\ Factor \end{tabular} & \begin{tabular}{c} Present \\ Worth Factor \\ \end{tabular} & \begin{tabular}{c} Compound \\ Amount \\ Factor \end{tabular} & \begin{tabular}{c} Present \\ Worth Factor \end{tabular} & \begin{tabular}{l} Sinking \\ Fund \\ Factor \end{tabular} & \begin{tabular}{c} Capital \\ Recovery \\ Factor \end{tabular} \\ \hline N & \begin{tabular}{c} To Find F \\ Given P \\ FIP \end{tabular} & \begin{tabular}{c} To. Find P \\ Given F \\ PIF \end{tabular} & \begin{tabular}{c} To Find F \\ Given A \\ FIA \end{tabular} & \begin{tabular}{c} To Find P \\ Given A \\ PIA \end{tabular} & \begin{tabular}{l} To Find A \\ Given F \\ AIF \end{tabular} & \begin{tabular}{c} To Find A \\ Given P \\ AlP \end{tabular} \\ \hline 1 & 1.1200 & 0.8929 & 1.0000 & 0.8929 & 1.0000 & 1.1200 \\ \hline 2 & 1.2544 & 0.7972 & 2.1200 & 1.6901 & 0.4717 & 0.5917 \\ \hline 3 & 1.4049 & 0.7118 & 3.3744 & 2.4018 & 0.2963 & 0.4163 \\ \hline 4 & 1.5735 & 0.6355 & 4.7793 & 3.0373 & 0.2092 & 0.3292 \\ \hline 5 & 1.7623 & 0.5674 & 6.3528 & 3.6048 & 0.1574 & 0.2774 \\ \hline 6 & 1.9738 & 0.5066 & 8.1152 & 4.1114 & 0.1232 & 0.2432 \\ \hline 7 & 2.2107 & 0.4523 & 10.0890 & 4.5638 & 0.0991 & 0.2191 \\ \hline 8 & 2.4760 & 0.4039 & 12.2997 & 4.9676 & 0.0813 & 0.2013 \\ \hline 9 & 2.7731 & 0.3606 & 14.7757 & 5.3282 & 0.0677 & 0.1877 \\ \hline 10 & 3.1058 & 0.3220 & 17.5487 & 5.6502 & 0.0570 & 0.1770 \\ \hline \end{tabular}