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A metal sewing machine was purchased four years ago for $55,000. Suppose that it has a depreciation schedule with a five-year ACRS class life at

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A metal sewing machine was purchased four years ago for $55,000. Suppose that it has a depreciation schedule with a five-year ACRS class life at the time of its purchase (four years ago). The metal sewing machine can be sold now for $35,000, or an updated gine can be purchased and installed at a cost of $9,000 (capital investment with three-year depreciable life, straight line, salvage value ). If you keep the machine in service, you will have operating and maintenance costs (Table below) and a MV of so at the end of ur years. Determine the BV (now) and the ATCEs (tabulate) for the machine (t -32%). (20 points) - 2 3 4 O&M Costs 8,500 10,500 14,000 16,000

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