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answer the following son $80.240 Old Equipment Cost Accumulated depreciation Remaining life Current salvage value Salvage value in 8 years Annual cash operating costs $40,300
answer the following son $80.240 Old Equipment Cost Accumulated depreciation Remaining life Current salvage value Salvage value in 8 years Annual cash operating costs $40,300 8 years $9,920 $0 $35,100 New quipment Cost $38,000 Estimated useful life 8 years Salvage value in 8 years $4,800 Annual cash operating costs $29,900 udy Depreciation is $10,030 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,800 (a) Your answer is incorrect. Try again. Determine the cash payback period. (Ignore income taxes.) (Round answer to 3 decimal places, e.g. 15.275.) Cash payback period 3.99 years hile you earn points based on the Point Potential Policy set by your instructor
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