Question $2(5$ points$)$

A new widget machine costs $$50000,$ including $$5000$ for installation. The machine is expected to have a useful life of eight years with no salvage value at that time $($assume straight$-$line depreciation$).$ Operating and maintenance costs are expected to be $$2000$ for the first year, increasing by $$1,000$ each year thereafter. Interest is $10\%.$ Calculate the EAC total for year $2.$ Round your answer to the nearest dollar.

$\backslash$table$[[$Year$,$Salvage,Maintenance,$\backslash$table$[[$EAC$],[$Capital$]],\backslash$table$[[$EAC$],[$Maintenance$]],\backslash$table$[[$EAC$],[$Total$]]],[0,45000,,,,],[1,,,,,],[2,,,,,?????$