Question 8 (5 points) A skid steer is currently worth $25,000. It is assumed that the value of this type of used equipment will go down by 20% every year. The operating and maintenance costs will be $3,800 in year one and increase by $800 every year after. In what year is the marginal cost the lowest? Use a MARR of 9% Year 5 Year 4 Year 1 Year 2 Year 3 Question 9 12.5 points) Jarvis Industries has a contribution margin ratio of 45 percent. Product selling price per unit is $320, and total fixed costs per year are $2.485,360. What is the LE t edy ASUS VI MA 2 2 3 5 > a 7 4 - 1 1 1 1 10b Q - w W E R Y 1 caps lock . . S F G H N C C V 00 B fn alt