What is the estimated cost of the replacement

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Reference no: EM131178572

A water filtration system in an industrial processwas purchased in 2014 for $250,000. It will be replaced at the end of year 2019. What is the estimated cost of the replacement, based on the following equipment cost index?

Year Index   Year     Index
2014 220     2017      257
2015 238     2018      279
2016 247     2019      298

Reference no: EM131178572

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