$5$: Chapter $22$ EOC problems $10-18$

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Assignment $15$: Chapter $22$ EOC problems $10-18$

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Problem $22-15$

Management of Braden Boats, Inc. is considering an expansion in the firm's product line that requires the purchase of an additional $$174,000$ in equipment with installation costs of and installation costs will be depreciated over five years using straight$-$line depreciation. The expansion is expected to increase earnings before depreciation and taxes as follows:

$\backslash$table$[[$Years $1$ and $2,$Years $3$ and $4,$Year $5],[$$$64,000,$$$88,000,$$$62,000$