Consider a palletizer at a bottling plant that has a first cost of $150,000, has operating and maintenance costs of $17,500 per year, and an estimated net salvage value of $25,000 at the end of 30...

Consider a palletizer at a bottling plant that has a first cost of $150,000, has operating and maintenance costs of $17,500 per year, and an estimated net salvage value of $25,000 at the end of 30 years. Assume an interest rate of 8%/year. What is the future equivalent cost of the investment if the planning horizon is 30 years? a. $3,371,000 b. $3,467,000 c. $3,623,000 d. $3,980,000.