A granary has two options for a conveyor used in the manufacture of grain for transporting, filling, or emptying. One conveyor can be purchased and installed for $80,00 with $3,500 salvage value after 16 years. The other can be purchased and installed for $110,00 with $3,50 salvage value atter 16 years. Operation and maintenance for each is expected to be $14,500 and $13,000 per year, respectively, The granary uses MACRS-GDS depreciation, has a marginal tax rate of 25%, and has a MARR of 9% ofter taxes. access the TVM Factor Table Calculator access the MACRS-GDS table