(Ignore income taxes in this problem.) Given the following data: 
The life of the equipment must be:
Definitions:
Cover Letter
A document sent with a job application explaining the applicant's credentials and interest in the open position.
Specific Person
Refers to targeting or referring to an individual rather than a group or undefined entity.
Solicited Cover Letter
A cover letter written in response to a job advertisement or request, tailored to the specific requirements of the position.
Hidden Job Market
Employment opportunities that are not advertised publicly and are usually filled through networking, word of mouth, or internal referrals.
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