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An asset has the estimated salvage values for various lives, shown in the table below. For each possible life from 1 to 6 by 1,

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An asset has the estimated salvage values for various lives, shown in the table below. For each possible life from 1 to 6 by 1, determine the capital recovery cost for MARR of 8%/year. EOY 0 1 2 3 4 5 6 NCF $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $135,000 Estimated SV $135,000 $115,000 $95,000 $85,000 $75,000 $70,000 $67,000 $ Capital recovery cost with 1-year life Capital recovery cost with 2 years life Capital recovery cost with 3 years $ $ life $ Capital recovery cost with 4 years life Capital recovery cost with 5 years life Capital recovery cost with 6 years $ $ life

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