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A manufacturer offers an inventor the choice of two contracts for the exclusive right to manufacture and market the inventors patented design. Plan 1 calls

A manufacturer offers an inventor the choice of two contracts for the exclusive right to manufacture and market the inventors patented design. Plan 1 calls for an immediate single payment of $53288. Plan 2 calls for an annual payment of $2080 plus a royalty of $3.2 for each unit sold. The remaining life of the patent is 10 years. MARR is 10% per year. What must be the uniform annual sales to make Plan 1 and Plan 2 equally attractive?

Round your answer. Enter your answer as: 12345

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