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Consider a palletizer at a bottling plant that has a first cost of $171,000, operating and maintenance costs of $19,950 per year, and an estimated

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Consider a palletizer at a bottling plant that has a first cost of $171,000, operating and maintenance costs of $19,950 per year, and an estimated net salvage value of $28,500 at the end of 30 years. Assume an interest rate of 8%. What is the annual equivalent cost of the investment if the planning horizon is 30 years? O $36,457 O $40,048 O $33.926 O $34,888

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