A price quote for equipment at Paul Engineering has been received at a cost of $100,000. The operation and maintenance costs of this equipment are estimated to beabout $20,000 per year. Salvage value is expected to be $10,000 when the machine isretired. The life of this equipment is estimated to vary anywhere from 5 to 9 years withthe associated probabilities as shown in the table below. If the interest rate is 10%, whatis the expected EUAC for this equipment? $46, 460 $45, 970 $42, 960 D. $41, 364