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A new widget machine costs $50000, including $5000 for installation. The machine is expected to have a useful life of eight years with no salvage

A new widget machine costs $50000, including $5000 for installation. The machine is expected to have a useful life of eight years with no salvage value at that time (assume straight-line depreciation). Operating and maintenance costs are expected to be $2000 for the first year, increasing by $1,000 each year thereafter. Interest is 10%. Complete the Salvage and Maintenance columns in the table shown and calculate the EAC Capital for year 4. Round all answers to the nearest dollar -- enter the EAC Capital of Year 4 below and submit the Table with your work.

Year

Salvage

Maintenance

EAC

Capital

EAC

Maintenance

EAC

Total

0

45000

1

2

3

4

?????

5

6

7

8

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