Find the capitalized cost for business ABC if initial cost will be $5500 with annual maintenance of $250. Also, repairs are approximated at $750 every 5 years and a salvage value is priced at $500 for a usable life of 15 years.
Answer: The Capitalized Cost for business ABC is $5110. This is calculated by taking the initial cost of $5500, subtracting the salvage value of $500 at the end of the 15 year life, and then adding the total repair costs