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 $80,000with $3,500salvage value after 16 years. The other can be purchased and installed for $110,000with $3,500salvage value after 16 years. Operation and maintenance for each is expected to be $14,500and $13,000per year, respectively. The granary uses MACRS-GDS depreciation, has a marginal tax rate of 25%, and has aMARRof 9% after taxes.

a) What must the cost of the second (more expensive) conveyor be for there to be no economic advantage between the two?