Your firm is thinking about investing $200,000 in the overhaul of a manufacturing cell in a lean environment. Revenues are expected to be $30,000 in year one and then increasing by $10,000 more each year thereafter. Relevant expenses will be $5,000 in year one and will increase by $2,500 per year until the end of the cell's nine-year life. Salvage recovery at the end of year nine is estimated to be $11,000. What is the annual equivalent worth of the manufacturing cell if the MARR is 16% per year ? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 16% per year. The annual equivalent worth of the manufacturing cell is $ (Round to the nearest dollar.)