■ Question 7 0.1 pts A material handling system was purchased 3 years ago for $116,038. Two years ago it required substantial upgrading at a cost of $13,544. It once again is requiring an upgrading cost of $23,062. Alternately, a new system can be purchased today at a cost of $198,969, with a salvage value of $21,409. The existing machine could be sold today for $49,852. In an economic replacement analysis, what first cost should be assigned to the existing system? Enter your answer as follow: 123456.78

■ Question 7 0.1 pts A material handling system was purchased 3 years ago for $116,038. Two years ago it required substantial upgrading at a cost of $13,544. It once again is requiring an upgrading cost of $23,062. Alternately, a new system can be purchased today at a cost of $198,969, with a salvage value of $21,409. The existing machine could be sold today for $49,852. In an economic replacement analysis, what first cost should be assigned to the existing system? Enter your answer as follow: 123456.78

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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