7) A third wave coffee shop considers replacing their old coffee machine with a new one due to its high maintenance costs. The new coffee machine costs $30,000 including the installation cost and it will require maintenance and repair every 2 years at a cost of $6,000. In addition, an expenditure of $8,000 will need to be made at the end of the third year for a caffeine extraction mechanism for the customers who prefer decaf coffee which will not be available until then. Annual operating costs are expected to be around $1,000 for the first 5 years and $1,500 thereafter. Compute the capitalized equivalent assuming 1-5% 7) A third wave coffee shop considers replacing their old coffee machine with a new one due to its high maintenance costs. The new coffee machine costs $30,000 including the installation cost and it will require maintenance and repair every 2 years at a cost of $6,000. In addition, an expenditure of $8,000 will need to be made at the end of the third year for a caffeine extraction mechanism for the customers who prefer decaf coffee which will not be available until then. Annual operating costs are expected to be around $1,000 for the first 5 years and $1,500 thereafter. Compute the capitalized equivalent assuming 1-5%