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Business, 29.10.2019 01:31 nbnb8831

White oaks properties builds strip shopping centers and small malls. the company plans to replace its refrigeration, cooking, and hvac equipment with newer models in one entire center built 9 years ago. the original purchase price of the equipment was $638,000 nine years ago and the operating cost has averaged $240,000 per year. determine the equivalent annual cost of the equipment if the company can now sell it for $184,000. the company’s marr is 25% per year.

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