Boeing co. purchases a new robot for the assembly line in $480,000 by borrowing the 40% of purchase price and the rest with own company’s money. the loan is to be repaid with one lump sum at the end of year 4 (no interest or principal payment until the end of year 4) at a compound rate of 15%. the robot is a macrs 7-year property class and it is anticipated that will be used for 8 years and then sold at an estimated market value that decreases 10% of the initial value for each year it is being in place. annual operating and maintenance expenses are estimated to be $y increasing by a gradient series of $2,200 thereafter. savings of $150,000 for the first year are estimated over the present robotic system increasing by 5% per year thereafter. the firm uses a marr of 15% for its economic analyses. perform atcf break even analysis to determine the maximum operating costs in the first year (y$)