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Please show work in excel. Consider a palletizer at a bottling plant that has a first cost of $169,500, operating and maintenance costs of $19,775

Please show work in excel.
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Consider a palletizer at a bottling plant that has a first cost of $169,500, operating and maintenance costs of $19,775 per year, and an estimated net salvage value of $28,250 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 $33,629 O $34,582 O $36,137 O $39,697

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