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The Geo-Star manufacturing Company is considering a new investment in as punch-press machine that will cost $100,000 and has an annual maintenance cost of $10,000.

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The Geo-Star manufacturing Company is considering a new investment in as punch-press machine that will cost $100,000 and has an annual maintenance cost of $10,000. There is also an additional overhauling cost of $20,000 for the equipment once every four years. Assuming that this equipment will last infinitely under these conditions, what is the capitalized equipment cost of the investment at an interest rate of 10%? The capitalized equivalent cost is $ thousand. (Round to the nearest whole number.)

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