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Flo's Frozen Yogurt shop is evaluating new dispensing machines. The Flownator has a first cost of $30,144 and annual expenses of $9,652 that will increase
Flo's Frozen Yogurt shop is evaluating new dispensing machines. The Flownator has a first cost of $30,144 and annual expenses of $9,652 that will increase by $581 per year. It will require an overhaul at the end of year 4 at a cost of $6,721. The Flownator will save $19,765 per year in labor costs. The Flownator has a salvage value of $9,056 and a lifespan of 11 years. The YogGoo300 has a first cost of $20,829 and annual expenses of $3,809 that will increase by 8% per year. The YogGoo300 will save Flo's $11,170 per year in labor costs. The YogGoo300 has a lifespan of 4 years. What must the salvage value of the YogGoo30 be to make it equally desirable to the Flownator? Use a MARR of 8% to make your calculation. Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign ("$"), any commas (";"), or a decimal point (":")
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