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Question 9 An asset has the estimated salvage values for various lives, shown in the table below. For each possible life from 1 to

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Question 9 An asset has the estimated salvage values for various lives, shown in the table below. For each possible life from 1 to 6 by 1, determine the capital recovery cost for MARR of 8%/year. 0 2 1 3 4 5 6 NCF Estimated SV Capital recovery cost with 1-year life Capital recovery cost with 2 years life Capital recovery cost with 3 years life Capital recovery cost with 4 years life Capital recovery cost with 5 years life -$130,000 $130,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $110,000 $90,000 $80,000 $70,000 $65,000 $62,000 Capital recovery cost with 6 years life Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 50.

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