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Toscano Express needs to purchase a piece of machinery which costs $870.000 and lasts about 3 years before it needs to be replaced. The operating

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Toscano Express needs to purchase a piece of machinery which costs $870.000 and lasts about 3 years before it needs to be replaced. The operating cost of the machinery is $10,000. What is the equivalent annual cost of an oven if the required rate of return is 10 percent? Multiple Choice O $-354,263 O $-339.474 O O $-359,840 O $361,608 $365,263

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