A machine was purchased and installed in the beginning of year 2019. The estimated cost in...

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A machine was purchased and installed in the beginning of year2019. The estimated cost in the period stated dollars is below. Thecosts are in current period dollars at the end of the year. Forexample, 2020 cost is reported in end of year 2020 dollars. Aninflation rate applicable to years 2020 and higher of 2.85% wasused in the estimation process. What is the machine's Present Worthof costs including purchase amount in 2019 dollars using a realMARR of 9.5%? NOTE: 2019 dollars are the same at beginning forpurchase and end of 2019. Cost inflation begins in 2020.
Machine Purchase
2019
Operating Cost
2019
Operating Cost
2020
Operating Cost
2021
Operating Cost
2022
Operating Cost
2023
Operating Cost
2024
81,000 8,000 11,000 16,000 20,500 26,000 14,500
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A machine was purchased and installed in the beginning of year2019. The estimated cost in the period stated dollars is below. Thecosts are in current period dollars at the end of the year. Forexample, 2020 cost is reported in end of year 2020 dollars. Aninflation rate applicable to years 2020 and higher of 2.85% wasused in the estimation process. What is the machine's Present Worthof costs including purchase amount in 2019 dollars using a realMARR of 9.5%? NOTE: 2019 dollars are the same at beginning forpurchase and end of 2019. Cost inflation begins in 2020.Machine Purchase2019Operating Cost2019Operating Cost2020Operating Cost2021Operating Cost2022Operating Cost2023Operating Cost202481,0008,00011,00016,00020,50026,00014,500Clearly label your answer