An electronics inspection device. It cost $4000 to operate and main tain in the first year and $3000 in each later year At the end of 4 years, the firm changed their inspec tion procedure, eliminating the need for the device The purchasing agent was very fortunate to sell th inspection device for $60,000, the original price Compute the equivalent uniform annual cost durin the 4 years the device was used. Assume interest a

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