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Annual Comparisons 6-30 The Johnson Company pays S2000 a month to a (A trucker to haul and cardboard to the city dump. The material could be recycled if the com- pany were to buy a S60,000 hydraulic press baler and spend $30,000 a year for labor to operate the baler The baler has an estimated useful life of 30 years and no salvage value. Strapping material would cost S2000 per year for the estimated 500 bales a year 6 that would be produced. A wastepaper company will pick up the bales at the plant and pay John- son $23 per bale for them. Use an annual cash flow analysis and an interest rate of 8% to recommend whether it is economical to install and operate the