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C. In Dhofar Cattle field plant, the installed cost of a heat exchanger, before the storage of final product, is 30000 OMR. The salvage value

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In Dhofar Cattle field plant, the installed cost of a heat exchanger, before the storage of final product, is 30000 OMR. The salvage value of the heat exchanger after its useful life is calculated to be 5000 OMR. The total monthly expenses for the plant are 10000 OMR. 8 % of the total annual expenses is spent on depreciation. Assuming straight line method, estimate the life of the heat exchanger.

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