An equipment cost $80,000 initially. The market value has been declining at the rate of $15,000 yearly. The O & M costs in year 1 were $10,000 and have been increasing by $2,000 from year 2. Determine the minimum cost life of this equipment for a MARR of 10 %. (Hint: you'll need to set up the minimum cost life table). Round to the nearest whole number, and don't write commas. What is the Total Marginal Cost for Year 17 $ What is the Annual Cost (EUAC) for Year 1?$ What is the Total Marginal Cost for Year 2? $ What is the Annual Cost (EUAC) for Year 2? $ What is the Minimum Cost Life of this asset? year(s)