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A machine has an initial cost of $150,000, an annual operation and maintenance cost of $2,500, a life of 10 years, and a salvage value

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A machine has an initial cost of $150,000, an annual operation and maintenance cost of $2,500, a life of 10 years, and a salvage value of $30,000. At the end of Years 4 and 8 , it requires major service, which costs $20,000 and $10,000, respectively. At the end of Year 5 , it will need to be overhauled at a cost of $45,000. What is the EUAC of owning and operating this particular machine if interest is 5%

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