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The process is to recycle plastic waste to the pellets. The government will pay $5 per kilogram of waste recycling. We will optimise to
The process is to recycle plastic waste to the pellets. The government will pay $5 per kilogram of waste recycling. We will optimise to collect 1500 tons of waste to recycle every year. During the 1-year operating cycle of the plant, expenses include a 25% corporation tax rate. The total investment is $1569757. The machines can produce a maximum of 832 tons of product per year. The price for pellets is $15 per kilogram. The initial cost of the machine is $507410, and its useful life for 10 years. The salvage value is $5 for 1kg pellets. Calculate the estimated total value of products produced annually, the depreciation percentage, the profits, and the payback time to return initial capital of $1569757. Show the calculation
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