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A new forklift truck would cost $22,000, have operating costs of $1200 in the first year, and has a resale value that decreases at 40%

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A new forklift truck would cost $22,000, have operating costs of $1200 in the first year, and has a resale value that decreases at 40% per year, every year. For the remaining years, operating costs increase each year by $500 over the previous year's operating costs. The lift truck has a maximum life of 5 years. An overhaul costing $3,000 would be required in its fourth year. The firm's MARR is 15%. The AECN-(the AEC at the ESL) for the machine is within $50 of 13,300 11.281 9921 9600 8882 8781 8370 None of the above

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