(Appendix 13A) The Baker Company purchased a piece of equipment with the following expected results: 
What was the initial cost of the equipment? (Ignore income taxes in this problem. ) (Round your PV factor to 5 decimal places and final answer to nearest whole dollar amount. )
A) $180,230.
B) $190,630.
C) $350,000.
D) Cannot be determined from the information given.
Correct Answer:
Verified
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