Sheet1
Old Backhoes | New Backhoes | |
Purchase cost when new | $90,000 | $200,000 |
Salvage value now | $42,000 | |
Investment in major overhaul needed in next year | $55,000 | |
Salvage value in 8 years | $15,000 | $90,000 |
Remaining life | 8 years | 8 years |
Net cash flow generated each year | $30,425 | $43,900 |

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