Johnson Wholesale Corporation has purchased a new plece of equipment for $61.000 with $16.000 of that fotot being costs for it. Alle discussions with its accounting firm the company plans to depreciate the installation costs straight-tne over 5 years the cost of capital is 75 and the item Rounded to the nearest dort wit the present value of the cost of the equipment? LM, H C |H HNG H 55 $31 None of the above