Note: Show all the details of your calculations, Improper or incomplete steps will cause reduction in marks. o AWN i = 10% A dairy farm has the following cash estimates: n P/F - AP A/F- PIG 1 0.9091 1.1000 1.0000 0.000 Land price = $1000,000; estimated to last for a 2 0.8264 0.5762 0.4762 0.826 very long time 3 0.7513 0.4021 0.3021 2.329 cost of buildings and equipment = $200,000; 4 0.6830 0.3155 0.2155 4.378 estimated to last for 10 years 5 0.6209 0.2638 0.1638 6.862 Operation cost of the farm = $3,000 per year 0.5645 0.2296 0.1296 9.684 Cow raising cost = $1,000 per cow per year 7 0.5132 0.2054 0.1054 12.763 Cow purchase price = $2500 per cow 8 0.4665 0.1874 0.0874 16.029 Average life per cow = 5 years 9 0.4241 0.1736 0.0736 19.421 Milk production rate - 7,000 kg per cow per year 10 0.3855 0.1627 0.0627 22.891 Milk selling price = $0.70 per kg Using annual worth estimates with an interest rate of 10% per year, determine the number of cows that should be raised in the farm