Question: Hydro Machine Inc. bought a machine for $ 5 0 , 0 0 0 that is expected to last 1 0 years.Hydro estimates that the

Hydro Machine Inc. bought a machine for $50,000 that is expected to last 10 years.Hydro estimates that the machine has a salvage value of $8,000 at EOY10What is The Capital Recovery Cost (CR) ile. equipment cost per year when the interest rate is 0% p.y.c.y.(NAMELY when TVM is ignored)?O a. $4,200 b. $5,000c. $7,624Cd. $7.451

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