Polar Vortex Temperature Storage must upgrade their refrigeration unit. It has narrowed its selection to three industrial freezer choices: Chicago Subzero, Denver Subzero, and Minneapolis Subzero, all will decrease its annual operating expenses by 20%. The relevant information about the three freezers is presented below: Chicago Subzero Denver Subzero Minneapolis Subzero Initial Cost fin dollars) 710,000 500,000 400,000 Life (years) 4 3 2 Book Salvage Value 30,000 20,000 35,000 Market Salvage Value 50,000 40,000 25,000 Assume each freezer is straight-line depreciated over its life. At the end of each freezer's depreciable life, it will be sold on the market for salvage. After the freezer is sold, a new, identical freezer will be purchased The company's current annual operating expenses are $1.2 million The tax rate is 34%, and its discount rate is 10%. Calculate the EAC of Chicago Subzero. Please enter the numerical number for your answer (do not use the dollar signs). Next Previous o