seaseadee
Contributor
Duh. My bad. I should have read more carefully.
Welcome to ScubaBoard, the world's largest scuba diving community. Registration is not required to read the forums, but we encourage you to join. Joining has its benefits and enables you to participate in the discussions.
Benefits of registering include
Duh. My bad. I should have read more carefully.
He did include depreciation of the compressor, and did so more aggressively than necessary. He fully depreciated it, which is more expensive per fill than a more accurate calculation. I mean, I'd pay him $100 for that compressor setup right now....so it clearly doesn't have zero value, which he did assume. . That was the $1.48 value.
As for opportunity cost, it's REALLY hard to calculate that. What would you do, assume 8% in a growth stock mutual fund? Or index it to DJI and look at what it could've grown to?