An automobile company is planning to install inspection procedures to reduce the cost of repairs to new and used automobiles under warranty. Economic life is 10 years with a 25% rate of return, zero salvage value. How much money should be invested based on a rate of return analysis? Plan Equipment $ Annual labor cost $ Cost of car repairs $ Actual 1585000 A 1400000 40000 680000 B 1700000 50000 610000 C 1800000 60000 300000 D 2000000 70000 230000 E 2600000 80000 180000 F 3000000 85000 165000