Question: please as soon as possible Higgins Machine Tools, Inc. is currently manufacturing one of its products on a hydraulic stamping press machine. The machine has

please as soon as possible please as soon as possible Higgins Machine Tools, Inc. is currently manufacturing

Higgins Machine Tools, Inc. is currently manufacturing one of its products on a hydraulic stamping press machine. The machine has an operating and maintenance cost of $50,000 in the first year, and this cost is expected to increase by S4,500 each year. The machine has a remaining useful life of five years and could be sold on the open market now for $100,000. Its market value declines at a rate of 15%.. The MARR is 15% for this investment. You may populate and use the table below to solve the problem (if needed). n Market Value O&M costs CR (15%) OC (15%) AEC (15%) 0 1 2 3 4 5 What is the book value of the machine after 4 years? $73,500 $42,765 $52,200 $61,235

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