Assume that a company is considering buying a new piece of equipment for $280,000 that would have a useful life of five years and a salvage value of $45,000. The equipment would generate the following estimated annual revenues and expenses: Click here to view and to determine the appropriate discount factor(s) using the tables provided. The company also believes that this investment would provide some annual intangible benefits that are difficult to quantify. Assuming a discount rate of 20%, the minimum dollar value per year that must be provided by the equipment's intangible benefits to justify the $280,000 investment is closest to