Homework: Assignment Week 13 Chapter 9 Save Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt Problem 9-24 (algorithmic) Question Help Five years ago, a company in New Jersey installed a diesel-electric unit costing $55,000 at a remote site because no dependable electric power was available from a public utility. The company has computed depreciation by the straight-line method with a useful life of 10 years and a zero salvage value. Annual operation and maintenance expenses are $17,000, and property taxes and insurance cost another $2,500 per year. Dependable electric service is now available at an estimated annual cost of $28,000. The company in New Jersey wishes to know whether it would be more economical to dispose of the diesel-electric unit now, when it can be sold for $31,000, or to wait five years when the unit would have to be replaced anyway (with no MV The company has an effective income tax rate of 45% and tries to limit its capital expenditures to opportunities that will earn at least 15% per year after income taxes. What would you recommend? Click the icon to view the interest and annuity table for discrete compounding when MARR-15% per year. The AW value for the defender is SL(Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer parts remaining Clear All Check