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A machine costs $500,000 new. It has a useful life of 20 years, at the end of which it can be sold for $S. Maintenance

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A machine costs $500,000 new. It has a useful life of 20 years, at the end of which it can be sold for $S. Maintenance costs are $15,000 at the end of each year. If the cost of capital is j1 = 12%, the annualized cost of the machine is $81,000. What is the value of S? @ A. $72,443 B. $44,865 C. $67,685 O D. $56,238 Reset Selection

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