Question: A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the site and using

A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the
site and using conventional power. Solar cells will cost $17,000 to install and will have a useful life of 5 years with no
salvage value. Annual costs for inspection, cleaning, and other maintenance issues are expected to be $2,400. A new
power line will cost $33,000 to install, with power costs expected to be $1,000 per year. Since the air sampling project will
end in 5 years, the salvage value of the line is considered to be zero.
NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part.
At an interest rate of 10% per year and using an AW analysis, what must be the first cost of the above ground line to make the two
alternatives equally attractive economically? (Include a minus sign if necessary).
The first cost of the above ground line to make the two alternatives equally attractive economically is $
 A remotely located air sampling station can be powered by solar

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