Problem 4-34 (algorithmic) Question Help It is estimated that a certain piece of equipment can save $18,000 per year in labor and materials costs. The equipment has an expected life of four years and no market value. If the company must earn a 20% annual return on such investments, how much could be justified now for the purchase of this piece of equipment? 5 Click the icon to view the interest and annuity table for discrete compounding when -20% per year Choose the correct cash-flow diagram below. OA OB. P=? A= $18,000 A = $18,000 2 4 34 End of Year 3 End of Year OC. A=518,000 A $18,000 End of Year 1 2 End of Year 1 P=