A machine costs $500,000.It has a useful life of 10 years,at the end of which there will be an additional cost of $50,000 for disposal.Maintenance costs for the machine are anticipated to be $20,000 per year.To the nearest $1000,what is the capitalized cost of the machine,if money is worth j₁ = 10%?

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The Answer of A machine costs $500,000.It has a useful life of 10 years,at the end of which there will be an additional cost of $50,000 for disposal.Maintenance costs for the machine are anticipated to be $20,000 per year.To the nearest $1000,what is the capitalized cost of the machine,if money is worth j₁ = 10%?

A Machine Costs $500,000