Bob is considering buying a new farming tractor for his farm. He has a choice between a John-Deere-XP tractor and a Sunflower-FT tractor. Bob has a MARR of 6%.

John-Deere-XP: First Cost: $150,000.

Life: 10 years, zero salvage value at the end of 10 years.

Annual Expense (maintenance, charging, etc.): $3,000.

Sunflower-FT First Cost: $200,000.

Life: 15 years, zero salvage value at the end of 15 years.

Annual Expense (maintenance, charging, etc.): $3,500.

For a 10-year study period, what salvage value for the extra 5 years of life for Sunflower-FT would result in that both tractors are equivalent in Present Worth?

		$96,133.6
		$87,734.1
		$105,266.
		$115,190.
		$80,015.8