Consider the following piece of equipment MARRE Annual Net Present 8.00% First Annual Operating Salvage Value Where Year(n) cost Repair cost! Cost Value Life = n years 0 (300,000) 1 (30,000) (30,000) 240,000 (133,333 2 (40,000) (36,000) 170,000 (274,966) 3 (44,000) (44,000) 160,000 (363,557) 4 (64,000) (64,000) 30,000 (562,603) A: Determine the Minimum Cost Life. (Hint: you must first compute EUAC for each life) (10 points) B: You have just finished year 2. Calculate year 3 marginal capital recovery cost. (5 points) C: You have just finished year 2. Calculate the year 3 total marginal cost (capital recovery, repair and operating) for owning the machine for one more year. (5 points) Be certain to answer all of A, B and C. Show work in the body of the response or in the excel scheduled submitted with the last question. (20 points total) Consider the following piece of equipment MARRE Annual Net Present 8.00% First Annual Operating Salvage Value Where Year(n) cost Repair cost! Cost Value Life = n years 0 (300,000) 1 (30,000) (30,000) 240,000 (133,333 2 (40,000) (36,000) 170,000 (274,966) 3 (44,000) (44,000) 160,000 (363,557) 4 (64,000) (64,000) 30,000 (562,603) A: Determine the Minimum Cost Life. (Hint: you must first compute EUAC for each life) (10 points) B: You have just finished year 2. Calculate year 3 marginal capital recovery cost. (5 points) C: You have just finished year 2. Calculate the year 3 total marginal cost (capital recovery, repair and operating) for owning the machine for one more year. (5 points) Be certain to answer all of A, B and C. Show work in the body of the response or in the excel scheduled submitted with the last question. (20 points total)