Chapter 10, Problem 029 A granary has two options for a conveyor used in the manufacture of grain for transporting, filling, or emptying. One conveyor can be purchased and installed for $70,000 with $2,000 salvage value after 16 years. The other can be purchased and installed for $120,000 with $3,000 salvage value after 16 years. Operation and maintenance for each is expected to be S1S,S00 and $16,500 per year, respectively. The granary uses MACRS-GDS depreciation, has a marginal tax rate of 40%, and has a MARR of 9% after taxes Determine which alternative is less costly, based upon comparison of after-tax annual worth Show the AW values used to make your decision: Conveyor 1: Conveyor 2:$ carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is Click here to access the TVM Factor Table Celculator Click here to access the MACRS-GDS table