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Question: please answer correctly this has been answered wrong twice thank...

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White Oaks Properties builds strip shopping centers and small malls. The company plans to replace its refrigeration, cooking, and HVAC equipment with newer models in one entire center built 8 years ago. 8 years ago, the original purchase price of the equipment was $600,000 and the operating cost has averaged $245,000 per year. Determine the equivalent annual cost of the equipment if the company can now sell it for $204,000. The companys MARR is 18% per The equivalent annual cost of the equipment is determined to be $

Please answer correctly. This has been answered wrong twice. Thank you. The answer is not $376,836.77

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