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20) Complete the following Simple Life-Cycle Cost Analysis for high quality carpet (in dollars) with a ten-year life. For our project, the carpet costs $8,000 to purchase and $2,000 to install. Experience tells us that the life of this High Quality carpet can be expected to be ten years and will cost us $1,000 annually to maintain ($800 in labor and $200 in materials). Expense Year Year Year Year Year Year Year Year Year Year 1 2 3 4 5 6 7 8 9 10 Purchase Installation Other Initial Annual Costs Costs Labor Materials Initial Ongoing Total Cost The Total Life Cycle Cost is