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AmazWeb is bidding to provide cloud services for Everything Party Inc. Everything Party Inc. pays its current provider $10.400 per year for the service, AmazWeb

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AmazWeb is bidding to provide cloud services for Everything Party Inc. Everything Party Inc. pays its current provider $10.400 per year for the service, AmazWeb figures that it will need to purchase equipment worth $15.100 up front and then spend S1,800 per year on monitoring and updates to provide the service for 3 years. Potential bidders compote on their per year service charge and submit their bids to Everything Party, If AmazWeb's cost of capital is 9.8% what is AmazWeb's lowest bid that makes financial sense? AmazWeb can bid as low as $ per year for providing the service. (Round to the nearest dollar)

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