Question: Answer: $58,177 (NOTE: ENTER YOUR ANSWER WITHOUT THE $ AND COMMA, ROUNDED TO THE NEAREST DOLLAR, for instance as 10023, not as $10,022.78) DO

Answer: $58,177 (NOTE: ENTER YOUR ANSWER WITHOUT THE $ AND COMMA, ROUNDED TO THE NEAREST DOLLAR, for instance as 10023, not as $10,022.78) DO NOT ROUND IN YOUR CALCULATION STEPS (USE CALCULATOR MEMORY FUNCTIONS) Below is a table constructed to determine the economic life of a machine. Assuming 5% cost of capital, compute the missing number for year 2 in the last column, marked with the "?" symbol. Determination of Economic Life of an Asset Total (Marginal) Cost EUAC End of Year through Year for Year 1234 $25712 $25712 $21925 ? $23159 $25364 % 3 5

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