Set up Problem 6-18 on a spreadsheet to make the entire input data variable and determine various

Question:

Set up Problem 6-18 on a spreadsheet to make the entire input data variable and determine various scenarios which would make the bailer economical.
In Exercise 6-18
The Johnson Company pays $200 a month to a trucker to haul wastepaper and cardboard to the city dump. The material could be recycled if the company were to buy a $6000 hydraulic press bailer and spend $3000 a year for labor to operate the bailer. The bailer has an estimated useful life of 30 years and no . Strapping material would cost $200 per year for the estimated 500 bales a year that would be produced A wastepaper company will pick up the bales at the plant and pay Johnson $2.30 per bale for them. USI an annual cash flow analysis in working this problem
Salvage Value
Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset’s estimated salvage value is an important...