Golden Country Homes are to install a street lighting that costs $120,000. Annual maintenance costs are expected to be $65,000 for the first 20 years and $85,000 for each year thereafter. The lighting...

Golden Country Homes are to install a street lighting that costs $120,000. Annual
maintenance costs are expected to be $65,000 for the first 20 years and $85,000 for
each year thereafter. The lighting will be needed for an indefinitely long period of
time. With an interest rate of 10% per year, what is the capitalized cost of this
project?