The upgraded version of a machine has a first cost of $20,000 an annual operating cost of $6,000 and… Show more The upgraded version of a machine has a first cost of $20,000 an annual operating cost of $6,000 and a salvage value of $5,000 after its 8 year life. At an interest rate of 10% per year the capitalized cost is closest to.. Please show work. a) $-9,312 b) $-10,006 c) $-93,120 d) $-100,060 • Show less