Q$\mathrm{.}2.$ A large food$-$processing corporation is considering using laser technology to speed up and eliminate waste in the potato$-$peeling process. To implement the system, the company anticipates needing to purchase the industrial$-$strength lasers. The system will save $$1,000,000$ per year in labor and materials. However, it will incur an additional operating and maintenance cost of $$200,000$ per year. The system is expected to have a $10-$year service life and a salvage value of about $$100,000.$ If the company's MARR is $15\%,$ Determine the maximum price that the company should pay to purchase the industrialstrength lasers so that project is profitable.Q$\mathrm{.}2.$ A large food$-$processing corporation is considering using laser technology to speed up and eliminate waste in the potato$-$peeling process. To implement the system, the company anticipates needing to purchase the industrial$-$strength lasers. The system will save $$1,000,000$ per year in labor and materials. However, it will incur an additional operating and maintenance cost of $$200,000$ per year. The system is expected to have a $10-$year service life and a salvage value of about $$100,000.$ If the company's MARR is $15\%,$ Determine the maximum price that the company should pay to purchase the industrialstrength lasers so that project is profitable.