A heavy construction firm has been awarded a contract to build a$$large concrete dam. It is expected that a total of $8$ years will be$$required to complete the work. The firm will buy $$600,000$ worth of$$special equipment for the job. During the preparation of the job cost$$estimate$,$ the following utilization schedule was computed for the$$special equipment:$$Year Utilization $($hr$/$yr$)$ Year Utilization $($hr$/$yr$)16000$